The Great Sheep (Bitcoin)

- Daily Chart: At first glance, it creates the illusion of a "small series of green candles + ascending moving averages," but the MACD red histograms are constantly decreasing, RSI has risen to 74.1 in the overbought zone, after a high of $94,400, the price has risen and retreated several times, long candle shadows often indicate selling pressure. $93,000-$95,000 is a dense consolidation zone in December; a breakout without volume support is a pure "pump."
- Weekly Chart: It seemed that the price was holding above EMA7, but it did not break resistance at $98,637 per week, and capital continues to flow into altcoins, BTC dominance has fallen below 59%, the strength for growth is seriously distributed, the so-called "W-shaped low breakout" is actually a trap to lure buyers in.

Ethereum (Ethereum)

- Daily Charts: Follows Bitcoin's rise, but weakness is evident, strong seller pressure in the $3,250-$3,300 zone, several attempts to break the high of $3,307 without success, volume is decreasing, signs of divergence at the top appear, support of moving averages seems solid but is actually breaking down instantly.
- Weekly Chart: Although Blob parameter updates give a positive signal, resistance at $3,435 is unreachable, the current trend depends entirely on Bitcoin, with no independent strength for growth, high volatility levels — purely a "passive continuation of life."

Second, bright outlooks: the trap to lure buyers is ending, do not blindly look for short positions!

1. The most convincing evidence of the end of the trap to lure buyers: 128,000 positions were liquidated across the network in 24 hours, including $2.88 billion in longs. Major players are using the "fund inflow via ETF" story to push the price up but are actively selling in high zones above $94,000 and $3,300, with clear signs of dispersed investor sell-offs; the Meme coin sector grew by 300%, indicating a "last round of speculation" without a real trend — a classic precursor to a trend reversal.
2. Key logic for short positions: divergence at the top on the 4-hour chart + inverted hammer candle on Ethereum, technical correction pressure already exceeds limits; $90,000 and $3,200 are critical levels, their loss will trigger chain stop-losses, target levels are $91,500 (breakout CME), support at $3,150, after breakout — target levels are $90,000 and $3,000.
3. Risk warning: the final phase of the trap to lure buyers — extreme volatility, do not blindly open short positions! Wait for confirmation of "support breakout with volume," stop-loss — above the previous high ($94,400, $3,307), to avoid losses from the last "trap injection" by major players. The main strategy is "precise ambush," not "gambling on the trend."

Third, tips for position covering masters

The current market is a classic scenario of "major players gathering dispersed investors," it seems that the bullish trend is strong, but in reality — this is the "final stage." The real opportunity for covering is in "damaged short positions after a trap breakout," not in "buying at high levels." Remember: support breakout — a signal to enter, stop-loss — above high levels, profit — gradually increase positions, this is the basic logic of covering in the crypto market.