**Bitcoin Daily Chart Analysis**

Bitcoin daily K-line has closed 4 consecutive bullish candles. Yesterday, the price touched above the upper Bollinger Band and then pulled back, currently trading below the upper band. The MACD bullish momentum continues to expand, and the KDJ indicator is turning upward, but RSI is already in the overbought zone and shows signs of turning down. Bullish sentiment remains strong, but recent market liquidity is tight, with frequent shakeouts and repeated probing. Traders must avoid chasing rallies and selling into dips.

**4-Hour and 1-Hour Level Observation**

In the 4-hour chart, after testing the upper band resistance, the price consecutively formed two bearish candles. The MACD bullish momentum is shrinking, and both the KDJ and RSI are turning downward. Currently, the price is in a sideways consolidation at a high level, with insufficient bullish volume and a clear need for a pullback. On the 1-hour chart, the rebound faces resistance at the middle band, with the MACD bearish momentum continuing to release. Focus on the strength of the pullback below for opportunities to go long at low levels.

**Support Levels and Trading Strategies**

Key support levels are identified at 94800 and 93500. The 94800 level is a previous rebound high, with a clear support-resistance flip effect; 93500 is the middle Bollinger Band support on the 4-hour chart. Long positions at low levels can be entered around these zones, targeting 96000, 97000, and 99000.

For shorts at high levels, consider participating around 99000 and near the 100,000 mark, with a cautious approach depending on the rebound situation. Traders who have already established short positions and are trapped should prioritize capital preservation, then look for opportunities to re-enter or add to shorts at high levels. Always beware of liquidation risks.

**Ethereum Technical Outlook**

Ethereum support is at 3280, where a rebound occurred last night; the next support is near the 4-hour middle band at 3230. Long positions can wait for entry around this area, with targets at 3330, 3400, and 3440.

For short positions at high levels, prepare to participate around 3500 for swing shorts. For trapped short sellers, capital preservation remains the first priority. After a pullback, consider re-entering or adding at high levels, always alert to liquidation levels.