True cryptocurrency cultivation is about being able to withstand the test of a "halving" during a fall, without easily following the trend to cut losses; during a rise, it is about maintaining a clear understanding and not being swept away by "fear of missing out (FOMO)" emotions. No one can accurately hit every rise and fall point; players who seem to sail smoothly are simply more certain during declines and more cautious during increases. Yesterday, Ethereum's market continued to show a wide range of fluctuations. Although the price saw a slight increase, the subsequent upward momentum was clearly insufficient. The price tested the 3900 resistance line again during the day and faced pressure around the high of 3917, falling back. Short-term upward momentum has weakened, and the overall trend remains oscillating. From a technical analysis perspective, the current 4-hour level has formed a double top structure, with the two peaks at 3917 and 3910, and the price has effectively broken below the neck support level of 3850.

From the four-hour level, the upper resistance remains significant, with multiple rebounds failing to form an effective breakthrough, and both bulls and bears continue to compete near the key points. Currently, the market is frequently switching between bulls and bears, with overall volatility being limited and directional movement weakened. The candlestick pattern frequently shows doji and small bearish and bullish candles, indicating that the strength of bulls and bears is temporarily tending towards balance, and the market sentiment is relatively cautious. In terms of the moving average system, the short-term moving averages are gradually flattening, with prices oscillating repeatedly around them. In Monday morning's operations, Changsheng still suggests adopting a high short strategy to participate.
Operation Suggestions:

Bitcoin: around 110800 can short, target looks at 108500
Er Bing: around 3950 can cut loss Target looks at 3700

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