In the evening, Bitcoin and Ethereum are still in a high-level oscillation pattern overall. Although the bulls have attempted to push higher, the momentum is insufficient, and each rally is quickly followed by a sharp pullback, indicating heavy selling pressure above and that market funds prefer to realize profits at high levels rather than chase the rally.

From the rhythm perspective, the current market resembles a cycle of "诱多+出货" (诱多:诱导多头, 出货: distributing holdings): upward pushes lack continuation, and downward corrections are more decisive. Under this structure, blindly chasing longs carries higher risk, and it is better to wait for a rebound to establish short positions at high levels.

Regarding Bitcoin, focus on the 770-775 resistance zone, which has repeatedly faced resistance and pulled back, serving as a short-term strong resistance level. If there is another rebound to this zone tonight, consider gradually establishing short positions, using the rally as a signal to enter. The target below is in the 750-740 range, serving as a short-term profit-taking zone.

Ethereum's trend is relatively weaker, with resistance concentrated around the 2400-2430 USD range. If the rebound does not break through, the main strategy remains shorting. If a rebound opportunity occurs tonight, consider entering short positions accordingly, with support levels at 2310-2280.

Overall, the strategy is clear: do not chase the rally, just wait for a rebound to short.