Bitcoin's 4-hour chart formed a long upper shadow, with the 74,000 key level under pressure. Bears are gaining strength, and the trend is beginning a two-level reversal, with bears now dominating the market. It is expected that the market will continue to form wide-range oscillations similar to before. Pay attention to the second test of 74,000; as long as there is no large bullish candlestick breakthrough, holding wave-level short positions is viable. Support levels: 71,200, 70,200. Resistance levels: 73,800, 76,500.



Ethereum's 4-hour chart similarly formed a long upper shadow, breaking out with a false breakout structure and testing the 2,200 resistance level again, which remains effective. Bears have taken over the market, and the trend has retreated to the 1,800-2,200 oscillation range. Attempting to hold wave-level short positions is advisable. Support levels: 2,100, 2,050. Resistance levels: 2,200, 2,250.
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