# Market Review

Looking at the early session action, Bitcoin surged sharply to around 71,600 in the morning, encountering resistance and closing near 71,300. As buying volume contracted, the price gradually pulled back to around 70,800 where it's consolidating—with no further breakdown so far. Ethereum followed Bitcoin's trajectory, trading around 2,170 in early trading, then pulling back to a low of around 2,140 before stabilizing near 2,150. Early intraday, we provided short signals (synchronized with live stream) with 500 points of profit captured.

From the current chart structure, daily-level resistance remains strong. After probing higher, the price lacked momentum to sustain its advance and quickly retreated, forming a long upper wick with notable selling pressure above. The pullback space hasn't fully unwound, leaving room for further downside. The 4-hour setup is clearer: price retreated from the upper band and is gradually moving toward the midline. The previously established short-bias strategy remains valid, though the midline area currently offers some short-term support. For the daytime session, focus on short-term operations.

Bitcoin: Short at 71,000-71,500, targeting around 70,000. Ethereum: Short at 2,170-2,185, targeting around 2,130. #加密市场回涨 $BTC $ETH