Last night, Bitcoin retreated twice to around 70,500 before quickly rebounding, surging in the early session to near 73,100, while the "mistress" (altcoins) also rose simultaneously to the 2,250 level. Our low-buy strategy we laid out yesterday was precisely executed, with both major target levels hit, and profits smoothly booked.

The current market has entered a narrow range of consolidation, with Bitcoin oscillating within a few hundred points during the day. On the 4-hour chart, it is oscillating upward along the midline, but the candlesticks are continuously showing long upper shadows, indicating heavy selling pressure above and significant resistance from the bears, suggesting a technical correction may be needed. The hourly trend is gradually converging, with volatility continuously narrowing, alternating between bullish and bearish small candles, and neither side showing obvious volume increase. Market sentiment remains cautious. In the short term, prices find temporary support at the midline; subsequent focus should be on the strength of this support and the risk of a breakdown. It is recommended to operate mainly by shorting on rebounds.

Bitcoin rebounds near 72,500-73,100 resistance, with support at 70,800-70,000; if broken downward, look toward 68,800.
The "mistress" (altcoins) rebounds near 2,220-2,250, with support at 2,150-2,080; if broken downward, target 2,000.