Bitcoin early morning shows a wide-range sideways fluctuation, with prices oscillating between 73,500 and 74,200. It repeatedly pulls up to 74,179 before encountering resistance and falling back, and the short-term bulls and bears are in a stalemate.

From the current chart perspective, the daily Bollinger Bands are opening downward, with the price trading near the middle-lower band, facing obvious resistance above; since the peak at 82,828, the price has declined and is now in a low-level consolidation phase after a sharp drop, with the overall bearish trend unchanged. The four-hour chart shows a bottoming pattern after probing a low at 72,436, with Bollinger Bands gradually narrowing. Although there is some technical correction in the short term, it is only a weak rebound within the downtrend, not a trend reversal. The hourly chart shows multiple attempts to push above 74,250 but facing resistance, with the upper Bollinger Band forming strong resistance. The bullish momentum continues to weaken, and the market needs a pullback to confirm support. Overall, the outlook remains to favor high short positions!

Bitcoin rebounds near 74,000-74,600 for shorting, with targets at 72,500-71,000; if broken, then look toward 70,100.
Altcoin rebounds near 2,020-2,050 for shorting, with targets $BTC at 1,950-1,850.