Yesterday's market trend can be described as a sudden reversal overnight, with BTC facing clear resistance around the 78,300 level. The price oscillated at high levels and then declined, directly retesting the support near the 4-hour Bollinger middle band at around 75,300.

Currently, the price is trading near the 4-hour Bollinger middle band at approximately 75,680, showing a slight weakening and breaking below the middle band support. The Bollinger bands are tightening and flattening overall. It is also quite evident that the previous one-sided rally has ended, and the short-term market has officially entered a range-bound consolidation phase.

The intraday trend is likely to first rebound and face resistance, then decline again, with a wide-range oscillation rhythm. In terms of trading strategy, we mainly focus on short positions at high resistance levels.

If Bitcoin rebounds in the short term to the 76,300-77,000 range, traders can consider going short accordingly. Support levels below are 75,300, 74,600, and 74,200.

A reminder here: if the market strongly stabilizes and breaks through the 77,000 barrier, it indicates that the bullish sentiment remains strong. In that case, the trading mindset should shift promptly to look for upward attempts to test the pressure above 78,000.

ETH reference points:
Rebound and short positions around the 2,370-2,400 resistance zone, with support at 2,330 and 2,300.

Once volume increases and it stabilizes above the 2,400 resistance, the bullish structure opens up. Traders can then follow the trend to go long, targeting the 2,420-2,450 range.

Always remember to manage risk properly, follow the market rhythm, and avoid blindly holding positions.