Don't chase the rally at high levels, don't become the bagholder!

Bitcoin is testing the weekly resistance at 9450. If it doesn't break through, it is likely to test the support zone between 9020-9100. This is why I keep saying not to chase the rally—it's easy to get caught in the middle, stuck in the halfway point. In the early session, the rebound above 9400 also reached the target support level with a 1000-point space. Short-term profit-taking and risk management are recommended; wait for the US stocks to stabilize.

Ethereum faces the strongest selling pressure around 3250. During the day, it is in a high-level sideways consolidation phase. Short-term rebound has about 50 points of room. The four-hour candlestick chart shows consecutive doji stars at the top, and trading volume continues to shrink. A deep correction is definitely coming. Hold your positions at high levels!