#以太坊大户持仓变化 BTC/ETH Short-term Oscillation Pattern Continues, Obvious Tug-of-War Between Longs and Shorts——Technical Review

Yesterday, Bitcoin and Ethereum showed repetitive movements, pulling back multiple times after encountering resistance at higher levels. In the early morning, the low touched around 91200 and 3180, followed by a subsequent rebound. That wave of high-position short positions did have profit space, and the early morning positioning also made small profits during the pullback.

Currently, both cryptocurrencies are consolidating at high levels. Bitcoin's 4-hour chart formed a V-shaped pattern, appearing to recover well, but trading volume has clearly shrunk, and RSI has entered the overbought zone——this indicates rebound momentum is beginning to exhaust, with short-term adjustment pressure being considerable. Ethereum performed relatively more resilient against the decline, touching a high of 3307 last night, then dropping to 3181 for support, rebounding to 3300 this morning only to be pressed down again, now consuming time around 3270. The movements of both coins are basically synchronized, but ETH's elasticity is indeed stronger.

From the daily chart, moving average direction remains bullish arrangement, with the uptrend framework intact. However, obvious selling pressure accumulates at 94000 and 3300, RSI is moving flat in overbought territory, indicating the rebound needs rest at this level. The 4-hour chart, after rebounding from 91000 and 3180 despite forming an up channel, shows top divergence and inverted hammer patterns, all of which are reversal signals.

Trading ideas: Bitcoin can short around 93200-93600, with stop-loss above, targeting 91000-91500; Ethereum shorts between 3280-3300, similarly watching the 3180-3200 support zone. Focus on whether the high point can break through effectively; if unable to break through, it signals the start of adjustment.