Analysis of the Ethereum market trend from a technical perspective: The bullish-bearish line has completed a golden cross and broken upward, releasing a positive signal. However, the 4-hour level is facing a strong resistance level at the channel line of 1690, which acts as a solid defense line, significantly suppressing upward movement. Bearish forces still dominate, and the overall market downtrend has not been effectively reversed. Focus on the breakthrough of the 1690 resistance level; be cautious about chasing long positions before the breakout.

​Short Bitcoin at 87000-87500, focus on 85000,

Short Ethereum at 1630-1660, focus on 1560$BTC