Early morning, Bitcoin tested the 71000 level, but selling pressure quickly emerged and the market failed to sustain the breakout. It subsequently pulled back under pressure and approached the 70000 level again. The intraday rhythm was consistent with the early morning high-short positioning, and several hundred points of profit were successfully realized during the pullback. In the afternoon, as buying interest gradually increased at lower levels, the low point began to rise, and the market resumed its rebound, further refreshing the daily high to 71377. For Ethereum, from midnight to early morning, it maintained an overall downward oscillation trend, with the market slowly pulling back to around 2122 without extending further, then syncing with Bitcoin's recovery in the afternoon, rising to around 2170. The overall structure showed initial pullback followed by recovery. As always, the market never lacks volatility—what truly matters is clarifying the direction before the rhythm shifts and steadily capturing the space you should take.

From the current chart perspective, Bitcoin's 1-hour level has returned above the short-cycle moving average, but the pressure from the 4-hour previous high zone remains clear. Especially after multiple attempts above 71300, the follow-through momentum has begun to weaken, indicating strong profit-taking demand at higher levels. On the daily level, it currently remains within the previous high oscillation range without forming a true volume breakout. Ethereum's 4-hour rebound is more a technical recovery following the early rapid pullback, with 2170 still within the short-term pressure zone and upward momentum not yet forming sustained volume. The subsequent trading approach remains primarily high-short positioning—only entering after confirming resistance at higher levels. The cost-benefit of directly going long at current levels is not ideal. #BTC突破71000美元 $BTC