$ETH — Rejection at Highs: Short-Term Momentum Weakening ETH pushed strongly into the 2,270 zone but faced rejection, leading to a pullback on the 1H chart. Price is now forming lower highs with sellers stepping in on rallies. 📉 Market Structure Insight Short-term structure is turning bearish. Buyers are losing control as momentum fades after the impulse move. 💡 Key Insight: This looks like a distribution phase unless bulls quickly reclaim higher levels. 🎯 Levels to Watch: Support: 2,160 Resistance: 2,230 Break below support could extend downside. Reclaim of resistance may shift momentum back bullish. Are you expecting continuation down or a bounce from support? 翻译#GateSquareAprilPostingChallenge

Thursday, Week 9, Awei Morning BTC/ETH Analysis From the 4-hour timeframe, Bitcoin has already formed clear resistance around 72,000, with bullish momentum beginning to weaken and bears gradually taking control. The current trend is quite clear: upward space is limited, and the rebound is more likely to present a shorting opportunity. For trading, rely on resistance levels, mainly short positions. BTC: Place multiple short orders around 71,700–72,300, targeting 69,700–70,300. ETH: Short in batches around 2,230–2,250, targeting 2,100–2,130. Manage your position size carefully, always set stop-losses, and avoid holding through heavy losses. In this position, being cautious is more important than anything else.

JUST IN: Iran claims Hormuz Strait passage disrupted; Israel reportedly violates ceasefire in Lebanon. If validated, this could raise geopolitical risk premiums for crypto flows and risk assets. $BTC $ETH