BTC remains above the 70k level with high volatility, bullish momentum weakening. ETH leads the decline with over 2%, market risk appetite cooling. In the afternoon, the market generally consolidates under pressure, prioritizing defense, avoiding chasing highs and betting on a single direction, focusing on high sell and low buy around key levels.

Trading Recommendations (Clear Direction + Targets)
Bitcoin (BTC)

• Holders: Take partial profits in the 71,500-72,000 resistance zone, with a target of 70k; if it breaks below 70,000, cut losses immediately and exit, with a further downside target of 68,500.

• No-position traders: Support at 69,000-70,000 for a light long position to test the market, stop-loss at 68,500, with a target of 71,000-71,500.

Ethereum (ETH)

• Holders: Reduce positions on rebound to 2,200-2,250 to hedge risks, with support at 2,150; if it breaks below 2,150, cut losses decisively, targeting 2,080-2,100.

• No-position traders: Support at 2,080-2,100 for a light long position to test the market, stop-loss at 2,050, with a target of 2,180-2,200.
Iron Law

Strict position control, always include stop-loss orders. Trade quickly in and out without hesitation. Focus on the effectiveness of the 70,000 support level for BTC.