Looking at the 4-hour K-line, BTC and ETH have been showing interesting performance these days. The price repeatedly tests key levels, with one long upper shadow after another. What does this indicate? It suggests that the selling pressure above is becoming more apparent, and the probability of a short-term pullback is indeed increasing.

Market sentiment has been highly divided these past two days. You’ll notice some traders are afraid of missing out and are rushing to chase the highs; but others are worried about liquidity drying up at high levels, especially as the weekend approaches, with trading activity clearly cooling down. This cautious atmosphere can also be seen in derivatives data—the liquidation price ranges for both longs and shorts are narrowing, indicating everyone is waiting for a clear directional signal.

As for my trading approach, here’s my thinking:

**BTC**: I am gradually building long positions around 89,000-89,500, targeting the 91,500-92,500 range. This zone is a key resistance from earlier; breaking through could open up more room for upside.

**ETH**: The rhythm is similar, with long positions around 3,100-3,080, aiming for 3,150-3,180. The relative positioning logic remains consistent.

Overall, we are at a critical point of waiting for a breakout. The decision lies with the market, but traders preparing for a breakout are already positioning themselves.