BTC/ETH Market Outlook:

Following the news of peace talks this morning, the crypto market surged accordingly, with Bitcoin rebounding to around 72,700. A large daily candlestick took off, and currently, the price is oscillating around 71,500 for correction. The price is being resisted by the upper Bollinger Band, staying close to the upper band, which limits upward space. Therefore, it is not recommended to chase the rally directly. The surge caused by news is not a bull reversal but a short-lived rebound—selling into the rally at high levels and taking profits. Be cautious of a quick pullback or sharp decline.

On the 4-hour chart, RSI is overbought at a high level and has turned downward. On the hourly chart, the price has fallen below the upper band, and both KDJ and RSI are overbought at high levels and have turned downward. MACD shows decreasing bullish momentum, indicating a retracement is needed. In terms of trading strategy, focus on short positions, expecting a pullback. Resistance levels are around 71,500 and 72,500. Consider short entries around these levels. Support levels are at 70,500, 69,500, and 68,000.

For Ethereum, resistance is at 2,250 and 2,300. Consider short positions around these levels. Support levels are at 2,200, 2,150, and 2,100.

Flowers bloom and fade, flowing water is relentless. Flowers bloom only for a moment but leave a lasting fragrance. Time flows like water; what cannot be retained is the past. The investment journey is long—it's a place where learning and passion coexist. You grow, so you keep progressing and gaining. If you feel frustrated, timid about the market, or your mindset changes, and your fundamentals are not solid, how can you dominate the world or talk about profits?