Tang Long Wednesday Thought Sharing

Recently, the international situation has slightly eased, and market sentiment is gradually recovering. The overall market is entering a phase of oscillation and consolidation. For brothers still in loss, this kind of market actually makes it easier to find opportunities to regain momentum, with the key being position and execution.
From the market perspective, yesterday Bitcoin surged to test the key resistance level at 71665, but it only formed a false breakout without establishing a firm hold. Subsequently, the market faced resistance and pulled back, breaking below the previous bearish flag lower boundary. There was also a rebound during the session, but it never managed to re-enter the flag range. Currently, the 70079—71030 zone has become an important short-term resistance area.
Overall, the structure remains bearish in the short term, and rebounds are more likely to present shorting opportunities.
BTC: Short around 70500
Target at 68000
If it breaks down further, watch for 66500 below
ETH: Short around 2050
Target at 1950
If it continues to break down, look for 1850 below.