Saturday: Double Top Forming at 74000, Trade with Caution

Found the reason for Bitcoin's plunge last night – the U.S. military deployed Marines to the Middle East battlefield, triggering a global financial market panic. Gold and crypto markets experienced a bloodbath.

Market sentiment had been improving ahead of the upcoming Federal Reserve rate decision, but the U.S. just threw cold water on everyone. This forces me to reassess the market direction going forward. No destruction, no reconstruction; destruction precedes reconstruction.

The 74000 level has already formed a double top resistance, but the daily-level uptrend channel remains intact. In the short term, the market should adjust back within a range, temporarily locked between 69000-74000. Let's wait for next week's opening before making decisive moves.

Last night's plunge already released risk, so we can't chase shorts directly now. If 70000 doesn't break, go long first. Target around 72200 – no need to look too far ahead. Ethereum follows basically the same rhythm. Entry points for both assets are as follows:

Bitcoin: Long in the 70300-70800 zone, target 72200. If it doesn't break, reverse to short.

Ethereum: Long in the 2075-2090 zone, target 2150. If it doesn't break 2180, reverse to short.