Recently, the trends of Bitcoin and Ethereum have indeed been in repeated contention. Last night, the wave of short positions rebounded from the levels of 3140 and 89200, and there is still quite a bit of room for Bitcoin to rise. Now the hourly chart is starting to pull back; after experiencing significant fluctuations, the market is gradually tending towards consolidation.

In terms of candlestick patterns, after a recent surge, there was resistance leading to a pullback, and now we are in a correction phase. Currently, a small bullish candlestick has formed, indicating that bulls and bears are temporarily tied, and there is a considerable chance of continued oscillation in the short term.

Looking at the technical aspects of the 4-hour cycle: DIF and DEA are trending lower, the MACD histogram shows negative values, and short-term momentum is clearly declining. However, overall it remains above the zero axis, and the medium-term trend still leans towards bullish. Trading volume has recently shrunk, and market participants' wait-and-see sentiment is rising, with both sides waiting for key signals.

YeWin's thoughts:

- Bitcoin $BTC : near 935

- Ethereum $ETH : near 3280