Is the Bitcoin trend completely disappearing? Is the frenzy over?

Currently, Bitcoin has already fallen below 74,000, after a previous decline followed by a natural rebound, first testing the 76,200 level, then surging to a new high of 78,323, and then starting to retrace, even breaking through the support level of 76,272. When it dropped to 74,890, it temporarily stopped falling and rebounded, but after the support of 76,272 was broken, it turned into resistance, and the rebound was blocked at that level, unable to push higher.
Subsequently, the second rebound still failed to break through 76,272, and it also fell below the previous low of 74,890, so this morning it directly dropped to around 73,510. The 73,510 level is crucial; it must not fall further. If it breaks this level, the hourly bullish trend will be completely over, and it will continue to move downward, testing the support at 72,038.
From 78,323 down to 73,510, it has already fallen by 4,000 dollars. The correction is basically sufficient; further decline will make the market look very bad. For Bitcoin to stop falling and rebound, it must stay above 74,890. Only after stabilizing can it continue to push up past 76,272. Breaking through this resistance level would give a chance to return to the previous high of 78,323. If it cannot stay above 74,890 but can hold at 73,510, a range-bound oscillation is possible, with a chance for a rebound. Falling below that would mean a complete weakening. Today during the day, it is highly likely to oscillate between 73,510 and 74,890.
$BTC Watch the upper resistance levels at 74,957-76,273-77,454, and support levels at 73,720-72,015-70,577.

Looking at Ethereum, the original range-bound movement was broken, then a rebound back into the range occurred, but it failed to regain footing. Fortunately, it has not fallen below the key support of the large bullish candle on the left side at 2,257. As long as this level holds, there is still hope; if it breaks below, it can only look for a stopping point at 2,196. For Ethereum to stop falling and rebound, it must re-enter the range and move within it.

$ETH Watch the upper resistance levels at 2,290-2,342-2,377, and support levels at 2,256-2,220-2,174. #布伦特原油持续走强