This morning's Bitcoin also saw a pullback. The short position we set up around 73000 was able to capture nearly 800 points of movement, while Ethereum synchronized to gain 40 points. In this kind of market, being cautious with short positions is essential; one must avoid blind operations. Without sufficient technical support, it is quite challenging to hold mid to long-term positions. Currently, the price is around 72400.
From the current trend, Bitcoin has repeatedly struggled to break through. The bullish sentiment has weakened this morning, and the pressure from above has repeatedly caused downturns. From a four-hour perspective, it has already shown a continuous downward trend. The price has started to move below the middle band. If it breaks the first support level at the bottom, we may see a significant market movement; we just need to be patient and wait.
Bitcoin strategy: Short around 72700, target 71500
Ethereum strategy: Short around 2670, target 2600
