#美国消费者物价指数发布在即 Night Market Observation: Technical Breakdown of $BTC and $ETH

From the 4-hour chart, the recent movement of $BTC is quite interesting—after a few consecutive rallies, it has already touched the upper band of the Bollinger Bands. The problem is that the upper band is starting to flatten, and the price has not been able to break through further with increased volume. This is a typical sign of weakening bullish momentum. More importantly, the MACD is clearly losing momentum at high levels, with the red bars shrinking sequentially, indicating that the upward energy is rapidly diminishing. Trying to push higher at this point carries risks that far exceed the expected returns.

Looking at RSI and KDJ, both are already in overbought territory. The price repeatedly tests the top without breaking new highs, which indicates what? Fewer traders are chasing the highs, and funds are quietly withdrawing. This situation is precisely the time when bears can start to position.

Trading ideas for reference:
$BTC: Consider short positions in the 97500–97000 range, targeting 96000 and 95000
$ETH: Enter short positions in the 3400–3380 range, targeting 3310 and 3260

(The above is solely technical analysis; trading involves risk assessment on your own.)