The morning Bitcoin is still hovering around 73,000, but in the afternoon it started to decline steadily, sliding from 73,000 down to 72,000, and in the evening it accelerated downward, with a low near 71,200 before barely stabilizing. After the evening close, it broke below a key support level again. Ethereum's movement was almost the same, with a rebound during the day facing resistance at around 2150 and then falling back. The relative strength weakened, and after the US stock market opened in the evening, it sharply declined to around 2050. Today, our strategy was to look for a high and then a pullback for adjustments, with a dip to low levels to establish long positions. We took two long positions today, gaining 2500 points in total, and two positions on the altcoin "Yitai," gaining 110 points. After the US stock market opened in the evening, our short-term longs also made some profit, but the gains were relatively small and not included in the actual trading statistics.

From a daily chart perspective, a bearish close today is inevitable, but overall it remains a normal correction within an upward trend. Although the daily candlestick broke below the 5-day moving average, the 10-day and 30-day moving averages below are still diverging upward, providing support. The previous breakout and subsequent retest confirm a healthy trend. As long as it does not break below the key support levels on the daily chart, the bullish structure remains intact. The current correction is mainly to clear out short-term traders and prepare for the next rally. Looking at the four-hour chart, Bitcoin is currently in a retracement phase after a breakout. After falling from the high of 74,046, it has consecutively closed bearish candles and has now broken below the previous consolidation zone, touching near the middle band of the Bollinger Bands. Although the moving average system still shows a bullish alignment, the short-term moving averages are starting to turn downward, with the MACD fast and slow lines forming a death cross at high levels, and the green histogram bars continuing to expand, indicating further short-term pullbacks are likely. Key support below is around 70,000-70,500, which is a high-volume trading zone after the breakout and the lower boundary of the four-hour ascending channel. The overall outlook remains bullish on dips, following the main trend.

For Bitcoin, consider going long around 70,500-70,800, targeting near 72,500. For the altcoin "Yitai," go long around 2030-2060, targeting near 2150. #加密市场上涨 $BTC $ETH