Bitcoin had a high-volume surge in the early session, once recovering to the 76,000 level but facing pressure and pulling back. The midday session showed an overall adjustment pattern, with the ratio briefly retracing to around 73,700 where it stabilized, and the price gradually recovered to the 74,000 level continuing oscillation. Ethereum's movement aligned with our analysis, showing a bounce-back signal near 2,300 after retracing, currently oscillating around 2,330. We suggested shorting Bitcoin at the high in the early session for adjustments, entering short positions near the 75,600 high and taking profits around 74,000, capturing 1,600 points of space. Ethereum holding the 2,300 level and continuing to look higher on pullbacks, we captured 35 points of profit.

From the 4-hour chart perspective, after high consolidation, it shifted to bullish high-volume surge. Early session faced pressure at the 76,000 level and pulled back. Currently, the market has returned to the top of yesterday's oscillation range. Whether the market can further execute a top-bottom conversion pattern is key to the 2nd wave of volume-breaking at this level. However, technically the correction hasn't fully completed yet. As we often say, in such markets if the midline holds, bulls don't lose, but the prerequisite is that adjustments have sufficient strength and a 2nd pullback forms a bottom-building signal before volume breakout has opportunity. With the large timeframe pressured at the bottom of the uptrend channel, our subsequent outlook maintains the strategy of shorting at high levels.

Bitcoin can short at 74,500-75,000, targeting around 72,000. Ethereum continue monitoring the 2,300 break situation before positioning short orders. #比特币站上7.5万美元 $BTC $ETH