Wednesday Evening | Tang Long's Operational Analysis

As expected, Bitcoin continued to shake and decline throughout the day, successfully breaking through the key support level of 73,000, with a low touch of 72,085. The short positions provided earlier have largely materialized, and with the breakout, support has converted to resistance, opening up downside space below.

Ethereum has similarly weakened in tandem with BTC's downward movement. Current price is trading below the Bollinger Band middle band, the channel is beginning to narrow, and momentum is clearly weakening. A further downside test is likely to continue in the near term.

Operational Strategy: Focus on selling rallies

BTC:
Consider short positions near 72,600—73,100
Target: 71,200—70,000
Long-term focus: 68,000—65,000

ETH:
Consider short positions near 2,260—2,300
Target: 2,200—2,140
Long-term focus: 2,060—2,000

The overall momentum has weakened, trade with the trend as the priority, pay attention to position sizing control, and maintain proper risk management. #Gate13周年全球庆典 #美联储利率决议 #英伟达GTC2026大会召开 #美股收盘加密板块多数上涨 #Grayscale质押1.92万枚ETH $BTC $GT $ETH