The current four-hour chart shows consolidation at high levels, with frequent upper shadow wicks above. The selling pressure at these levels remains severe. In the near term, focus on whether the price can further stabilize above the 72,000 level, turning into a bullish breakout with increased volume and strong recovery. Currently, indicators are still in oversold territory, and the three lines of the KDJ are consolidating at high levels, showing signs of further correction. The key point to watch is the strength of the pullback—whether it can break below the support structure or not; otherwise, the overall market trend remains a bullish recovery.

For Bitcoin, the short-term strategy is to trade within the 71,000-72,000 range, with attempts to short around 72,500. As long as the price stays above 73,000, set a stop loss. For Ethereum, consider short positions around 2,265, expecting a correction toward the 2,200 level below.