$BTC Let me talk about ETH. The rally from the secondary high at the lower timeframe has been strong, but as long as we're near the previous high, shorting remains the most cost-effective choice. Currently, the price is approaching the secondary high area again, and I've already entered a short position. Looking at the 4h timeframe formation, the price is about to touch the resistance from the rising wedge and rectangle upper trendline.

The rising wedge is a bearish pattern, and the upper area is a strong resistance zone that won't break through so easily. So my forecast for this wave still suggests a higher probability of bull trap, then looking at the daily timeframe—although it's in a golden cross trend, the volume has been continuously shrinking. Simply put, we're currently at a golden cross but the price action on volume expansion is weak, constantly oscillating up and down. The golden cross may be getting digested, and once it's digested it will immediately turn into a death cross. Volume is continuously being weakened. From a mid-term perspective, conditions are very unfavorable for bulls—this is a signal of upside momentum deterioration.