BTC is currently hovering around 91200. From the 4-hour chart, it is still in the rise channel, but the EMA moving averages have started to cluster, and the short-term momentum is clearly not as strong.

Looking down, the 90300 position needs attention. Recently, the main funds have tested here several times without breaking, indicating that this point is quite strong. Now it's in the stage of holding back a big move. In terms of operation strategy, focus closely on whether 90300 can hold, and first look at 91850 above. If it can break through, the previous high of 93000 will be in play.

ETH is currently hovering around 3030, with a more obvious contraction on the 4-hour level compared to BTC. Overall, it is oscillating back and forth within the box of 2990 to 3090. 3090 is the ceiling that has been repeatedly tested recently, while 2990 is the short-term floor, with a more critical defense line at 2975.

If it breaks below 2975, it may open up space downwards; conversely, if it can break through the previous high of 3100 with significant volume, a new wave of rising market may come.