Regarding BTC, based on comprehensive indicators, the intraday trend leans towards bearish. The short-term BBI and BOLL have not yet returned to a strong zone, and MACD, KDJ, and RSI also show that the short-term has not broken through previous resistance levels, namely the divergence point at 68,500 and the key core level at 68,800. Although the daily chart still shows residual momentum from the previous rebound, the 1-hour to 4-hour cycles have already weakened. Currently, the price is below 67,400, and the rebound is considered unsuccessful in testing resistance. If the closing price does not break above 68,100, do not interpret the hourly candlestick shadows as a sign of a trend reversal. From higher-than-daily cycles, after breaking out of the downtrend channel and then falling back, the overall state remains in a consolidation phase during a downtrend, not a re-entry into an upward trend.

Therefore, the main intraday trading direction today is bearish. The daily and higher cycles indicate that the rebound after the decline has ended, and the price is resuming its downward movement. In the short term, the price oscillates below 67,400, with resistance levels at 68,100 and 70,000, and support levels at 66,900 and 65,700. The key core level is 67,400. When the price is below 67,400, any upward rebound should be viewed as a weak test of 68,100. If 66,900 can hold, there is room for repeated rebounds; a break below requires treating it as further weakness. Only if the price closes above 67,400 and further recovers above 68,100 will the intraday trend truly turn, with 70,000 being an important resistance above.

Key levels: 67,400 and 68,100
Resistance levels: 68,100 and 70,000
Support levels: 66,900 and 65,700

For ETH, the main intraday trend is similarly bearish. The higher cycles, including the daily, suggest that the rebound after the decline has ended, and the price is facing renewed downward pressure. In the short term, the price oscillates below the key level of 1,975, with resistance at 1,980 and 2,000, and support at 1,960 and 1,950. When below 1,975, any upward movement is considered a weak rebound testing 1,980. If 1,960 can hold, there is room for repeated rebounds; a break below indicates further weakness. Only if the price closes above 1,975 and further recovers above 1,980 will the intraday trend be considered truly reversed, with 2,000 as a second important resistance above.

Key level: 1,975
Resistance levels: 1,980 and 2,000
Support levels: 1,960 and 1,950

From a medium-term perspective, the overall trend remains downward. BTC’s weekly key high at 70,000 has not yet been reclaimed. Although there was an upward push this week, it has fallen back again, with the most recent weekly candle closing at 65,800, indicating the weekly trend remains weak. The weekly low at 62,400 has not been broken, which only shows there is some buffer during the decline, not a sign of a trend reversal. On the daily chart, the key support at 66,900 is currently effective (the most recent daily candle touched 66,900 and closed at 67,200), but the daily dividing line at 68,100 has not been reclaimed, indicating the daily trend still guides the price downward. Over the next 1-2 weeks, focus should be on whether the weekly can recover 70,000 and the daily can regain 68,100. If neither is achieved, the medium-term remains a rebound within a downtrend. If the daily further breaks below 66,900 and the weekly stays below 70,000, medium-term pressure will increase. In summary, the medium-term outlook remains bearish.