Reviewing the intraday market, the large screen was affected by data in the early session, with the price generally around 70,000, sharply rising to 72,800, then facing resistance and pulling back. In the afternoon, after a dip to around 70,200 to find support, the price continued to fluctuate within the range without forming a clear bullish or bearish trend. In the evening, the bears saw a slight increase in volume and pushed the price higher, reaching near 72,800 again before pulling back. Soft market conditions caused a dip to around 70,800, but the price recovered to around 71,400 and consolidated. Ethereum experienced a second rebound near 2,070 but faced resistance and pulled back, briefly falling below 2,200 tonight. It has now recovered to around 2,215 and is consolidating. During the day, we entered short positions early in the morning, incurring a loss of about 1,000 points, but both bullish and bearish positions were involved, successfully recovering losses. Bitcoin gained about 700 points, and Ethereum gained 25 points.

On the four-hour chart, after yesterday’s large bullish candle breakout, today’s candle closed as a small bearish candle with a long upper shadow, forming an "inverted hammer" pattern, indicating significant selling pressure in the 72,800-73,000 area. However, the low point on the pullback at 71,400 is still well above yesterday’s breakout level of 70,300, which is a normal retracement after a breakout. The market’s reversal still requires further volume-driven decline, and overall, the pattern shows continuous long upper shadows today, with all candles closing below 72,000. The double-top pattern has been indicated, and future pullbacks will depend on how deep the market moves. Tonight’s trading strategy suggests considering short positions after a rebound, with a focus on the four-hour chart’s closing signals.

For Bitcoin, consider shorting at 71,700-72,000 with a target around 70,500. For Ethereum, consider shorting at 2,025-2,050 with a target near 2,180. #加密市场回升 $BTC $ETH