Early morning Bitcoin shows a "bottoming out, rebound, and new high" trend. After finding support at the low of 70,428 during midnight, the price gradually moved higher, then accelerated upward, breaking through the 72,000 level, with a high of around 73,128, setting a new high for this round of rally. In the early morning, it slightly retreated to around 72,000 for consolidation. Throughout the rally, the low was raised from 70,428 to above 72,000, and the high broke through 72,377 to reach 73,128. The bullish momentum continued, with a small retracement during the session. Regarding Ethereum, it retested the 2,190 level yesterday, prompting a bullish rebound, and currently peaked near 2,250 before facing resistance and pulling back.

Looking at the current market, the daily chart shows a small bullish candlestick with a long upper shadow, indicating some upward exploration. Overall, it remains near the upper band. Three candlesticks have formed upper shadows, suggesting strong selling pressure at high levels, preventing further bullish continuation. The KDJ indicator remains sticky at high levels, indicating an upcoming correction phase. Combining the four-hour chart, after breaking high levels, frequent upper shadows appear, and the closing points are still near 72,000, in a structure of adjustment and resistance. After recovering to the key trend line, it faced resistance and pulled back again, so upward movement is hindered. Currently, during the daytime, it is still suitable to consider short positions on the downside.

However, one can consider shorting between 72,000 and 72,500, targeting around 70,500. For altcoins, consider shorting at 2,200-2,230, targeting around 2,160. #加密市场小幅下跌 $BTC $ETH