Bitcoin rebounded and oscillated following yesterday's decline, showing slight gains compared to yesterday. Evening selling pressure emerged, significantly eroding previous rebound gains. We precisely set up a short position midday at high levels, and evening short momentum released profits on a 1000-point stop gain.

From a technical perspective, the daily timeframe remains in a bearish alignment, with rebounds lacking sustainability. The 72,600 level above constitutes strong resistance, making it prone to falls and difficult to rally in the short term. Current market sentiment is notably suppressed by macro factors, with geopolitical conflicts and hawkish Federal Reserve expectations continuing to weigh on risk asset appetite. In a weak market structure, we follow the trend—do not chase rallies on bounces, simply enter shorts at resistance levels.

Bitcoin: enter short at 70,500-71,000, targeting 69,000. Ethereum: short at 2,170-2,200, targeting 2,180. #加密行情震荡 #创作者冲榜 $BTC $ETH