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Bitcoin 4-hour chart shows a long upper wick, with the 74,000 key level under pressure. Bears are taking control, and the trend is beginning a two-tier reversal. Bears are now dominating the market. We expect the trend to continue forming wide-range oscillations similar to before. Watch for a second test of the 74,000 level. As long as there's no large bullish candle breakout, hold wave-range short positions. Support levels: 71,200, 70,200. Resistance levels: 73,800, 76,500.
Ethereum 4-hour chart similarly shows a long upper wick, forming a false breakout structure. It's testing the 2,200 resistance level again, which remains effective. Bears are taking over the market, and the trend has returned to the 1,800-2,200 oscillation range. Consider holding wave-range short positions. Support levels: 2,100, 2,050. Resistance levels: 2,200, 2,250.