Bitcoin faces resistance after a rally, with bullish momentum remaining unchanged. The 15-minute Bollinger Bands show a clear trend. After surging to 73,702, the price encounters resistance and pulls back, moving weakly along the upper band. The upper band’s resistance is significant, and the bullish momentum is gradually depleting, lacking the strength for continuous upward attacks.

Currently, the market is overshadowed by the dual negative factors of March token unlocks and Federal Reserve policy expectations. The risk of high positions continues to accumulate. Blindly chasing longs can easily lead to being trapped. The current strategy is to focus on timing, strictly control risks, secure profits, and prioritize stability for long-term profitability.

Trading suggestions: For aggressive traders, short directly at the current price of 73,600. For conservative traders, short around 74,000-74,600, with a target near 70,000-69,400, and a break below 68,000.