The current market shows that the price trends of Bitcoin (BTC) and Ethereum (ETH) are gradually rising in an extremely slow and cautious manner. This trend aims to create a situation where both bulls and bears find it difficult to make decisions, forcing investors into a psychological game. Specifically, when bulls close their positions, they need to sell contracts, which exerts downward pressure on the price; while when bears close their positions, they need to buy contracts, which creates upward momentum for the price.

This strategy of price fluctuations may be gradually attracting capital from both bulls and bears, while avoiding obvious directional breakthroughs, thereby causing the market to oscillate repeatedly within a relatively narrow range. It is expected that the price will gradually grind to a critical point, where bears feel fear and are eager to close positions, while bulls, due to the bullish market sentiment, are unwilling to exit easily. Subsequently, the main capital may leverage market sentiment to execute a significant rally, quickly guiding the market price out of the current range of fluctuations.

This operational strategy is obvious, with the core aim being to utilize market psychology and the contradiction of long and short positions to accumulate momentum for the next breakthrough, while minimizing resistance during upward movements. For investors, it is essential to be particularly vigilant in such a market, avoiding being swayed by market sentiment, and to formulate more rational trading strategies based on key price levels and changes in trading volume.