Bitcoin early morning surge with volume increase, once recovered to the 76000 level but faced selling pressure and pulled back. Midday overall showed an adjustment pattern, with the ratio once retesting around 73700 to stop the decline, and the market gradually recovered to the 74000 level continuing oscillation. Ethereum's movement aligns with our thinking - after retesting and dropping to around 2300, it showed a bottom signal, currently recovering to around 2330 oscillating. Early morning we signaled Bitcoin shorting at high levels for adjustment, entering short positions near 75600, exiting for profit taking around 74000, capturing 1600 points of space. Ethereum adhering to the strategy of not breaking the 2300 level, on retests we continue looking up, capturing 35 points of profit.

From the 4-hour chart perspective, after high-level consolidation it transformed into a bullish surge with volume increase. Early morning faced selling pressure at the 76000 level and pulled back. Currently the market has returned to the top of yesterday's oscillation range. Whether the market can further develop a top-bottom transformation pattern is the key to this second wave of volume breakthrough on the current chart, but currently the indicator pattern correction is not yet complete. As we often say, in such markets the middle band not failing means bullish not failing, but the prerequisite is that after adjustment has strength and a second retest forms a bottom signal, then volume increase has opportunity. The larger cycle faces selling pressure at the bottom of the uptrend channel, so future thinking should maintain the high-level shorting strategy.

Bitcoin can short at 74500-75000, targeting around 72000. Ethereum continue monitoring the 2300 break situation before laying out short positions. #比特币站上7.5万美元 $BTC $ETH