After a strong rally in the early morning, Bitcoin's price briefly touched the 70,000 level before facing resistance again, while Ethereum reached a high of around 2,090 and stopped. The overall market has slightly pulled back again, and our short positions have already been closed out. As mentioned in the live broadcast earlier, chasing longs now would be clearly irrational; it's better to participate in high short positions. Take profits, take profits!

From the current overall market situation, the bullish momentum is extremely strong, and prices are gradually hitting recent highs, showing a clear upward trend. Technical analysis indicates that the MACD is not only in a golden cross but also the histogram bars are continuing to expand, suggesting that bullish momentum is strengthening. However, during a strong rally, each large increase is often followed by a slight pullback. This is a normal technical adjustment, aimed at digesting previous profit-taking and gathering new upward energy. During the pullback, trading volume often shrinks to some extent, indicating light selling pressure and a still solid bullish trend. For intraday trading, we continue to focus on buying on dips.

Bitcoin: Buy around 67,500-67,800, target 70,000
Ethereum: Buy around 2,000, target 2,100