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4-hour level, after rebounding and surging to 76,000, it was also suppressed by the upper resistance line and pulled back. Both KDJ and RSI are in overbought territory and are turning downward. MACD shows a bearish divergence. The bullish momentum continues to diminish, indicating further retracement and correction are needed.
On the hourly chart, the price rebound is being suppressed by the midline resistance. Currently, it is consolidating within a narrow range, with insufficient bullish volume, suggesting a further downward retracement is likely.
For intraday trading, focus on shorting. Participate in short positions around the 75,000 to 76,000 resistance levels. Support levels to watch are 73,700, 72,700, and 70,500.
Regarding Ethereum, the upper resistance levels are around 2,370 and 2,420. Consider shorting around these levels. Support levels are at 2,300, 2,270, and 2,180. $BTC $GT $ETH