The sharp-looking surge had many people chasing in, but the risk had already quietly arrived. $SNDK Opened a short at 1642.04, with the latest price at 1593.86, earning a 208.19% return on 75x leverage. After this rise, price and volume have clearly diverged. Repeated attempts to break the highs have failed to hold, bullish momentum has been exhausted, and a considerable amount of supply is waiting to be realized above. Ultra-high-leverage positions have an extremely low margin for error, and the market could rebound rapidly at any time. I don't plan to continue betting on a deeper decline. I'll gradually reduce the position in batches, prioritizing locking in these profits securely. $BTC #Gate净流入1.26亿美元位列行业第三 $ETH

$ETH ETH is currently priced at 2493, and its trend remains highly correlated with BTC. It has maintained weak sideways trading intraday, with significantly greater volatility than Bitcoin. On the four-hour chart, the first short-term resistance above is around 2540, which has been tested several times recently. If BTC fails to drive an upward breakout, it will be difficult for ETH to stage an independent rebound; key support below is around 2440. Once this level breaks, the price will move lower to seek new support. On the daily chart, moving averages continue to suppress price action, and market demand for going long on ETH remains weak. More capital is concentrated in BTC, while ETH lacks sufficient incremental funds. Leverage positions in the futures market remain cautious, and even small fluctuations could easily trigger liquidations. Overall market sentiment is conservative. ETH’s short-term trend is entirely dependent on BTC’s direction, with few independent bullish catalysts. Volatility is likely to be more intense, so leverage must be strictly controlled and blindly buying the dip should be avoided.

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