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4.24 Evening, Poetry Perspective: the surge hits resistance and meets pressure; consolidation follows
The current mainstream coins are entering a stage where short-term bullish momentum has exhausted and prices are stagnating at high levels, creating an opportunity window for standard short-term short-selling. After prices rapidly surge, they trade in a choppy range at the high end; intraday highs repeatedly face pressure. Candlestick charts show dense upper shadows, indicating that selling pressure above continues to release and that chasing higher by bulls is ineffective—this is a typical topping-then-stagnation pattern.
There is a strong need for a technical pullback and retracement correction: on shorter timeframes, moving averages turn flat; the bullish trend structure loosens, and the probability of a pullback increases significantly.
BTC suggestion: short around 78500–79600, with a target near 77000
ETH suggestion: short around 2350–2400, with a target near 2280
$BTC $GT $ETH
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