Price is oscillating and consolidating around the middle band of the Bollinger Bands. After earlier finding support at lower levels and stabilizing with a rebound, the price met resistance around the 75,500 area and pulled back. In the short term, bullish momentum has weakened somewhat.

The MACD indicator has turned downward from a high point above the zero line. The red histogram continues to shrink, and a bearish divergence signal is gradually becoming visible.

At the current position, it is not advisable to blindly chase longs. Pay special attention to how the price behaves around the key resistance levels above. In terms of strategy, focus on taking shorts as the main approach, with occasional long positions at lower levels as a supplement.

For the “Big Cake,” short in the 75,300-76,000 area on rebounds, with targets at 74,000-73,000.

Ethereum should move in sync with the “Big Cake,” keep your defense tight, and under no circumstances try to fight against the single direction.$BTC $ETH