Reviewing the intraday market, overall after yesterday's rebound to around 76,000, the cryptocurrency price showed a weak structure. After hitting the bottom in the early morning and rebounding, it rose to around 74,700 before facing resistance and falling back. The price experienced a phase of adjustment, retesting in the afternoon and breaking below the low point of the early morning retest. After dropping to around 73,500 and encountering resistance, it rebounded. Currently, the price has not stabilized above the 74,000 level and remains in a weak structure. Regarding Ethereum, after yesterday's retest at around 2,300 was blocked, it has not attempted to retest that level again today. Instead, it recovered and moved higher, but still faces resistance at around 2,350. Today, following the high-altitude trading strategy, Bitcoin has taken profit of about 2,500 points, and Ethereum about 85 points.

From the current market perspective, after yesterday's large bullish candle broke through, today has consecutively closed with bearish candles, forming an "engulfing" pattern of a bearish candle covering a bullish candle. The price has broken below the midpoint of yesterday's large bullish candle, indicating that the short-term upward momentum has been halted. The K-line bodies are gradually enlarging, showing that the bearish momentum is being released, but no clear sign of a trend reversal has appeared. The 73,000-73,200 area below is a previous breakout platform and an important support zone during this rally. If this area can hold and a reversal candlestick forms, the mid-term upward trend can continue; if it breaks effectively, the price may further decline to around 72,000-72,500. Structurally, it remains in an upward channel; today’s bearish candle disrupts this, but the overall pattern of higher lows has not been fully reversed. Currently, it is in a retracement phase within an uptrend, and whether the 73,000 level can provide effective support is crucial. The area above 74,500-74,800 has shifted from support to short-term resistance, and a rebound to this level may face pressure. The trading strategy remains focused on shorting at high levels.

Bitcoin can be shorted in the 74,000-74,500 range, targeting around 73,000. Ethereum can be shorted at 2,340-2,350, watching for a breakdown of 2,300, with a continuation downward to 2,250. #高盛申请比特币收益型ETF $BTC $ETH