How is the sustainability of the bullish trend for Bitcoin/Ethereum in high-level sideways fluctuations at 10.30?

Last night for Bitcoin/Ethereum, we set up short positions around 73000 and 2670 to 2700. During the early morning, the market peaked and then retraced, with Bitcoin reaching a low of 71900 and Ethereum around 2600, which overall is a decent range. Currently, the overall bullish sentiment is relatively strong, especially for Bitcoin, which is getting stronger. However, during the peak last night, Bitcoin reached around 73760 and started to retract. As mentioned last night, when the market approaches the previous high point around 73880, do not chase the long positions, and focus on pulling up short positions. After the market declines, look for opportunities to enter long positions.

After the peak last night, Bitcoin's daily line closed with a bullish candlestick and an upper shadow near 62700. The body of the candlestick did not stabilize above 73000, and there is significant selling pressure near the previous high. Additionally, according to the MA indicators, the 7-day and 10-day moving averages are both trending upwards. However, a rapid short-term rise in the market will be accompanied by a process of pullback and consolidation. Pay attention to the support near the moving averages, with reference points around 69500 and 2580. In the subsequent pullback process, as long as the support below holds, the market will continue to rise along the moving averages.

In terms of operations, continue to enter short positions near 72700 to 73000 for Bitcoin, targeting around 71500; for Ethereum, enter short positions near 2680 to 2700, targeting around 2620. The publication is effective, and specific guidance will be based on real-time advice. $BTC