Big Picture Evening Analysis:

This rally touched 71468 and then reversed sharply, indicating that 71000 and above is a strong resistance zone, and the bulls have completely lost momentum. The news was only a brief pulse and didn't change the Fed's high interest rates and tight liquidity backdrop, nor did it stabilize bullish sentiment among market participants.

From a technical perspective, price is currently being suppressed by moving averages, with rallies showing declining volume and declines showing increasing volume—a classic weak retracement pattern. The 70500-71500 zone above is filled with trapped longs ready to sell, while below, once we break 69500, it's easy to test support at 68000 or even 67300.

Chasing longs at high levels carries significant risk; this rally looks more like an opportunity for shorts. Rally to the 70000-71000 zone to short again, place stop loss above 71500, target 69000-68500 first, and extend further on breakout. Don't be fooled by this retracement—the major trend is still bearish.

Trading Recommendation: Short above 70500-71000, target 68500-69000.$BTC $GT $SOL