#比特币与代币化黄金的对比 The recent trend is a bit cautious. The early morning rally this round seems more like emotional recovery, with volume actually quite average, and the selling pressure above is still quite obvious.

$ETH is currently stuck around 3160, which is a zone of previous concentrated trading. To break through further, it must do so with increased volume. Otherwise, it’s highly likely to surge and then fall back, which is a common trap.

The same logic applies to Bitcoin. The rebound has not broken out of the oscillation range, and the higher it goes, the worse the risk-reward ratio becomes.

From a trading perspective, my strategy is not to chase the rally. Instead, I watch for resistance when it rebounds to high levels. Once there is increased volume but the price stops rising, or if there are weakening signals on the 4-hour chart, the short side becomes clearer.

The short-term logic is: look for short opportunities during rebounds, expect sideways to downward movement, and only act once the structure truly develops. Keep a close eye on the performance of assets like $MYX and $RIVER.