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Current shipping sentiment remains in a high-range oscillation, with bulls and bears repeatedly tugging back and forth. The upper resistance levels are at 71,500/72,000 for the day, while the key support is concentrated around 68,000. Breaking below this level will open further downside space.
The overall trend is biased bearish, with short-term focus on high-level oscillation and correction. Once the correction is complete, the probability of continued decline increases. Main strategy: short on rebounds.
Bitcoin: Short in batches within the 70,600-71,200 range, with short-term targets initially around 69,000-68,000.
After falling back to support and stabilizing, it can be reversed to long positions. Trading within a range for short-term gains is no problem. $BTC $ETH