Bitcoin remains unchanged with no fluctuations, the important point is that the fluctuation range has shifted upward. The overall market range has been consolidating around 74,000 since yesterday, rising by 1,000 points to around 75,000 for consolidation, but the rally has not provided a substantial break, giving the bulls further continuation. Ethereum and Bitcoin's movements are basically the same; the market has been consolidating around 2,330 since yesterday, rising to around 2,360 for consolidation. Currently, both bullish and bearish conditions are still a bit premature. The key resistance above and the lows are both encountering obstacles. Focus remains on whether the highs and lows will break. It’s still not urgent to bottom fish; it’s recommended to maintain a high-level short position to catch the pullback.

Looking at the current market, the weekly large bullish candle’s surge is at a high level after a double bottom phase. The momentum for the surge is currently being hindered. Overall, the closing situation still depends on whether the market can continue to hold above the 76,000 level and turn the trend. As the midline further moves downward, it also links to around 77,000, in conjunction with Bitcoin’s 120-day moving average. The weekly closing this week is particularly important, as the key point is the change in bullish and bearish sentiment after the close. Combining the four-hour small cycle, although the overall trend remains in an upward channel, after this high-level rally, there has been no significant correction. Bulls’ volume may decrease, and indicators are also turning downward. The focus is on whether the dead cross after this surge can form a top divergence, leading to a deep correction back to the trendline bottom, which is a healthy recovery for the bulls. Otherwise, a surge that only breaks out temporarily is just a false breakout, with further deep correction ahead.

Bitcoin short at 75,000-75,500, targeting 74,000-73,200. Ethereum short at 2,360-2,380, targeting 2,330-2,300. #加密市场回升 $BTC $ETH