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This morning at noon, the market suddenly surged strongly with three consecutive large bullish candles rising in succession, with the coin price breaking through last week's highs in one move, touching the 74400 level at its peak.
However, the bulls failed to sustain their momentum, and subsequently the bears gradually took control of the trend. After three hours of narrow-range consolidation, the price probed as low as around 72800, and currently has rebounded slightly, consolidating around the 73500 level.
From the hourly chart technical structure, the momentum clearly weakened after the noon rally. The coin price broke below the 73000 level after a brief consolidation, indicating that bull strength has declined somewhat, and the near-term uptrend structure is facing a test.
The US session is about to open in the evening. If the price cannot effectively hold above 74000, it will likely see a round of technical pullback. For support below, pay attention to the 72000 round number level; if the bulls can reorganize their offensive and hold above 74000, there is still a possibility to test the highs. Given the current market condition, the bears have a slight advantage, and for short-term operations, consider going short with the trend as the main strategy.
For Bitcoin, the recommendation is to short around 74000, with targets at 72800-72300, and if broken, watch around 70600!#比特币站上七万美元 #以太坊基金会向BitMine出售5000枚ETH #港股OpenClaw板块开盘上涨 $BTC $SOL