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Bitcoin breaks through the 70,000 level and is still rising. Ethereum breaks through 2050. From a momentum perspective, there is still some continuation. The current high point is around 72,200, which is a rebound after the last deep plunge. It depends on whether it can break through this level. If it does, there will be a chance to push towards 79,500. If it fails to break through, it will return to a range-bound oscillation. At this point, extra caution is needed when entering the market.
For Bitcoin, short positions can be taken lightly between 71,400 and 71,800, with a target of 68,500. For Ethereum, short positions can be taken lightly between 2085 and 2120, with a target of 1950.
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