After Bitcoin experienced a round of strong upward momentum, the price failed to maintain its upward attack. The upward momentum clearly shows insufficient continuation, and bullish forces have basically been exhausted. Under this structure, the market itself already has strong pullback expectations. Entering the market at this time to catch a wave of decline is completely reasonable from a strategic perspective.

Looking at Bitcoin's trend, the short-term resistance at the 72k level remains extremely strong, with price testing it multiple times but unable to achieve an effective breakthrough. After prolonged unsuccessful attacks, the market can easily be dominated by bears again and come under renewed pressure. Therefore, in the short term, we prioritize watching for a pullback movement.

Bitcoin: Resistance near 71,000-71,800, downside target 70,000-67,500

Ethereum: Resistance near 2,160-2,200, downside target 2,120-2,020