From the 1-hour chart structure, after the price rapidly surged to the high of 72,743, it is currently deviating significantly from the moving average system, with overbought pressure gradually accumulating, and a pullback demand increasing. The upper band of the Bollinger Bands (70,880.5) was quickly broken through; although the price temporarily broke above the upper band, signs of a pullback following the surge appeared, indicating that the bullish momentum is insufficient and the price is likely to seek technical correction around the midline at 68,932.9 in the short term.

Close attention should be paid to the support level in the 69,500-70,000 range; if this zone is effectively broken downward, the bears may further push the price down to around 68,900. Overall, the short-term upward momentum is clearly weakening, and it is recommended to consider short positions in batches on rebounds!

Trading suggestion: Short near 72,200, target around 70,200-70,600.