Although Bitcoin has hit a new high again, it's just a false move upward, a fake breakout of the spike, and the candlestick body hasn't firmly settled above the previous high of 72,876. This point must be especially alert. Especially around 72,700, three consecutive candlesticks have been poking upward but have never closed above the 72,876 resistance level. It is highly likely to form a treacherous shape, and on the hourly level, a correction is likely to occur.

Currently, as long as Bitcoin retraces without falling below 71,719, and does not fall back into the wedge pattern, there won't be a big drop; once it falls back, it will test 70,484, and if support fails, it could reach 69,279. The support at 70,484 has been tested twice; if it falls back without making a new high, this support will likely break. To continue the rebound, the body must stay above 72,879 to push toward 73,989. Falling below 70,484 will end the hourly upward trend. If the 4-hour level breaks below 71,535, then watch 70,490–69,329.

Looking at Ethereum, it seems to break out of a bullish flag pattern, but it's actually a false breakout of the 2,233 resistance. Then it retraced and broke below the 2,193 support. If it can't recover above 2,193, the decline will intensify, heading straight to 2,158. If it breaks below 2,158, the previous bullish trend will be over.
$BTC Ethereum resistance above: 72,121–73,251–74,286
Ethereum support below: 71,527–70,456–69,192
$ETH On the 4-hour level, if ETH breaks below 2,159, watch 2,088–2,028