Evening Analysis

In the afternoon, the market declined as expected, with the cryptocurrency market experiencing a sharp rise followed by a pullback and wide-ranging fluctuations. Bitcoin surged to 68,000 in the Asian session but fell back to around 66,000 due to selling pressure at 68,500.
The current market remains under pressure, and trading should focus on shorting on rebounds. Bitcoin's 4-hour chart broke below the ascending wedge's lower trendline, with MACD showing bearish divergence. The upward momentum is weakening, and 68,500-70,000 is a strong resistance zone.
Trading Recommendations
Short positions around 67,000-67,500 for Bitcoin, targeting 65,000-64,000.
Short positions around 2,000-2,030 for Ethereum, targeting 1,850-1,830.