Today marks the Year of the Horse. Wishing everyone full horsepower, success at every stride, and immediate wealth.
From the hourly chart, the price surged to around 71,000 and then faced resistance and pulled back. The resistance above 71,000 has been clearly established. In terms of strategy, continue to maintain a bearish outlook, consider short positions with light sizing, strictly set stop-losses, and prioritize stability.
Trading Recommendations
For Bitcoin, consider short positions around 69,300-69,800, targeting 67,300-67,800.
For Ethereum, consider short positions around 2,030-2,060,
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