Overall today, the Bitcoin and Ethereum trends are basically the same, both initially moving upward then gradually weakening. Bitcoin oscillated and rose in the morning, pushing the price up to around 77,450 before facing resistance, then entered a continuous decline structure. Although there were repeated attempts to rebound, the highs kept decreasing, and the momentum clearly weakened. In the afternoon, the downward pace accelerated, falling all the way to around 75,600 before stabilizing, and in the evening, it remained in a low consolidation, showing a pattern of weakening after reaching a high, with a single-sided downward trend. Ethereum's movement is even more obvious. It followed the upward move to around 2,309 in the morning, then faced resistance, and subsequently moved down in a stepwise fashion. The rebounds were limited, failing to sustain higher levels multiple times, and instead repeatedly hitting intraday lows. After dropping to around 2,256, it saw a slight recovery. Overall, Ethereum is weaker than Bitcoin, with a clearer bearish dominance.
From the daily chart perspective, Bitcoin's rally failed to continue, showing a weak pattern on the K-line, indicating persistent selling pressure above, making it difficult to see a strong upward move in the short term. The four-hour chart has already formed a clear downward structure, with highs continuously lowering and rebound strength gradually weakening. Moving averages are turning downward, and the current trend is below the short-term moving averages, typical of a bearish rhythm. Although the one-hour chart shows some recovery, it is mainly technical consolidation after a decline and has not changed the overall structure. Key resistance is around 77,500, followed by the secondary resistance near 77,000. Support levels are first seen at around 75,500; if broken, the downward space will further open. Ethereum's four-hour chart also shows lower highs and a bearish structure, with rebounds always constrained by upper resistance zones. The weakness is more evident, with key resistance at around 2,300 and support at 2,250. If broken, the downward space will continue to expand. Overall, the current market does not have the conditions for a reversal; it remains in a continuation phase after weakening from strength. The trading strategy should still focus on short positions, viewing rebounds as opportunities rather than trend reversals. Until key resistances are re-established, long positions are not advisable. Following the trend is the most reasonable approach at this stage. #Solana发布量子路线图 $BTC