The daily Bitcoin chart overall shows a pattern of "rising sharply, then pulling back, and consolidating within a narrow range." Prices oscillated around 75,242 in the early hours, rising steadily, with a high of 76,999 in the afternoon, then facing resistance and pulling back. Currently, it remains around 75,800 in consolidation. The day displayed a pattern of initial rise followed by suppression, with steady upward movement in the morning, a spike in the evening followed by some profit-taking, but overall still holding above 75,500. Bulls and bears are repeatedly tugging at the 76,000 level. Regarding Ethereum, it tested a high in the early hours but did not reach it again. Throughout the day, it stayed within the 2300-2330 range, with some breakdowns in the evening but quickly recovered. The high points did not show a clear continuation of strong bullish momentum. Today, our main strategy is to go short at high levels, capturing a total of 2,000 points in Bitcoin, and 65 points in Ethereum. The approach was mentioned in advance; with such market rhythm, grasping the timing makes it easy to profit and exit. The only concern is that even with a guiding light, some traders are still taking detours.

Looking at the current market, the four-hour chart remains in an upward channel, currently in a phase of range-bound consolidation after a bottom. The bullish volume has faced some resistance. The market attempted to rise but formed a long upper shadow, indicating some short-term hesitation. Although it hasn't broken below 75,500 further, the current consolidation shows a weak structure within a strong bullish trend. The key point to watch is whether recent consolidation can form a shoulder-head-shoulder pattern, leading to a second breakdown continuation. Another important focus is the gap above 77,000; after the US stock market opened tonight, it still hasn't been filled. There’s a possibility of further upward spikes, but the larger cycle discussed earlier suggests that such bullish structures will see reduced volume. The current trading approach should mainly be shorting at high levels, with light positions at current levels.

Bitcoin can be shorted in the 76,200-76,700 range, targeting 74,500-73,800. Ethereum can be shorted in the 2,320-2,330 range, targeting 2,280-2,250. #比特币反弹 $BTC $ETH