Reviewing the early morning market, Bitcoin generally experienced a slight pullback after a certain rebound, but did not further stabilize above the key support level. After a phased bottoming out and rebound, the bulls' volume increased for adjustment. During the closing phase of the US stock market, Bitcoin surged to the 75,500 integer level before facing resistance and falling back. Currently, it has not broken out of a further bearish pullback with increased volume; the second rebound confirms the top resistance, and it remains at a relatively weak point. As for Ethereum, its movement is basically aligned with Bitcoin, but the overall market sentiment is weaker. During the bullish volume phase, it recovered to around 2,360 before facing resistance, and is now consolidating around 2,330. Future trading strategies should continue to look for short-term pullbacks from high positions, while paying close attention to market patterns that may push the price higher or cause a decline.

From the current chart, the daily chart shows continuous bullish candles with consolidation and attempts to push higher, but no breakthrough of the key resistance at 75,500 has occurred. The long lower shadow on the candle indicates a false breakout, but overall, the coin price remains in a high-level oscillation and consolidation phase, not a phased correction or decline. The KDJ indicator is turning downward but has not yet formed a death cross, and the moving average structure is also in a phase of adjustment, suggesting continued correction and pullback. Combining the four-hour chart, the two instances of pullbacks with long lower shadows during the early morning show recovery, with the highest price reaching a top at a high level. The Bollinger Bands are narrowing, so in the short term, focus should be on the significant breach of the middle band to trigger a bearish pullback with volume. The MACD indicator's fast and slow lines have formed a death cross, signaling a divergence at the top, so the outlook remains bearish with continued pullback.

Bitcoin can be shorted at 74,700-75,000, with targets at 74,000-73,200. Ethereum can be shorted at 2,340-2,360, with targets at 2,300-2,250. $BTC $ETH #加密市场回升