From the current market perspective, Bitcoin has pulled back from the low to re-enter the high area, and is currently sawing back and forth above 71,000. Although it has approached the early high again, the upward momentum during the rally shows notably weak follow-through, directly reflecting insufficient bullish momentum at high levels. The 4-hour level remains within a cyclical resistance band. If the short-term fails to achieve volume breakout and open upside space, after repeated oscillations at high levels, a technical pullback correction will likely follow. Ethereum is similarly under pressure around 2,180. While the market has risen in sync with the broader market, the upward rally pace has significantly slowed. The current trend leans more toward an accumulation and digestion stage following high-level consolidation.

Overall, the afternoon trading strategy remains more prudent with a focus on shorting highs: Bitcoin should focus on pullback performance after pressure at high levels. If subsequent rebounds lack strength and volume continues to weaken, there remains room for further downside testing. For Ethereum, closely monitor the pressure around 2,180 and observe whether a secondary pullback signal forms. Before the price effectively holds above this level, entering short positions at high levels remains the clearest trading direction currently. #加密市场回涨 $BTC $ETH