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Short-term bullish sentiment is strong, with violent upward movement. The bears do not need to panic excessively! All cycle technical indicators have entered overbought zones. The short-term trend is relatively strong but not a structural reversal, and there is always a need for a pullback and correction. Keep a close eye on trading volume and follow the trend to observe.
Bitcoin: 71,300–72,100 is a short-term strong resistance zone. Watch for a pullback afterward: 70,200–67,800–65,800
Altcoin: 2,065–2,095 is a clear resistance. Support below is around 2,020–1,980. $BTC $ETH