Bitcoin breaks through the 70,000 mark and is currently continuing to rise. Ethereum breaks through 2050, and based on momentum, there is still some continuation. The recent high is around 72,200, which is a rebound point after the last deep plunge. We will see if it can break through this level. If it does, there will be an opportunity to push towards around 79,500. If it fails to break through, it will likely return to a range-bound consolidation phase, so be extra cautious when entering the market at this time. For Bitcoin, consider a light short position at 72,000, with a target of 68,500. For Ethereum, consider a light short position between 2085 and 2120, with a target of 1950.
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Evening Analysis
Bitcoin breaks through the 70,000 mark and is currently continuing to rise. Ethereum breaks through 2050, and based on momentum, there is still some continuation. The recent high is around 72,200, which is a rebound point after the last deep plunge. We will see if it can break through this level. If it does, there will be an opportunity to push towards around 79,500. If it fails to break through, it will likely return to a range-bound consolidation phase, so be extra cautious when entering the market at this time.
For Bitcoin, consider a light short position at 72,000, with a target of 68,500.
For Ethereum, consider a light short position between 2085 and 2120, with a target of 1950.