Evening Bitcoin + Altcoin Market Outlook + Trading Suggestions

Market outlook:
From the current chart, BTC is consolidating at a high level around 71,600, with a slight increase over 24 hours but decreasing volume. The upper-level chips are thin, and the main force has no motivation to attempt upward movement. In the short term, it is highly likely to test support levels downward directly. The first target is the densely packed chip area around 71,500. Once it is effectively broken below, it will trigger a large number of long stop-losses, providing ample downward fuel, and then likely accelerate downward to test the strong support near 70,500.
ETH is moving in complete correlation with BTC's weakness, with no independent trend. Its rebound strength is much weaker than Bitcoin, generally following the decline rather than rising, with a predominantly bearish bias. The overall approach remains the same—no contrarian bottom-fishing.

Trading suggestions:

• Bitcoin: During the rebound to 71,400-71,600, sell in batches, with the first target at 71,000-70,800. If broken, look at 70,500, with a stop-loss at 71,800.

• Altcoin: During the rebound to 2,190-2,200, sell in batches, with the first target at 2,160-2,150. If broken, look at 2,120, with a stop-loss at 2,220.

• Keep total position within 20%, leverage no more than 5x, strictly set stop-losses, avoid holding through losses, avoid chasing shorts, and take profits in time.