$BTC Early morning surge touched 72760 previous high then quickly plunged, rising high and falling back at high levels, breaking below the upper Bollinger Band with increased volume, entering a phase of retesting and digestion with weak oscillation and no strong rebound. Bullish support is weak, and bears are fully in control of the short-term structure. The rally shows decreasing volume, while the decline shows increasing volume, indicating a trap for trap and distribution pattern, with selling pressure concentrated at high levels.

Support zone around 72200 ~ 72500, when rebound is weak and volume diminishes, consider short positions.
Stop loss at 73000, avoid holding positions against the trend or against the market.
Lock in profits by reducing positions at 71000, and if it breaks below, expect a deep correction down to 70000#加密市场行情震荡