The overall trend of Bitcoin and Ethereum has shown a strong pullback after reaching high levels. Bitcoin briefly rebounded to around 69,400 in the early hours, but failed to establish a sustained move higher. During the day, it mostly traded within a high-range consolidation, with each rebound unable to break previous highs. Instead, lows kept shifting lower over time, especially in the afternoon when bearish pressure gradually intensified. After breaking below 68,000 in the evening, the market quickly volume-accelerated downward, with the lowest touching around 65,680. The daily movement gradually shifted from high-level oscillation to a sharp decline. Ethereum also weakened simultaneously; after reaching a high near 2,080 in the early hours, it remained under pressure. Although there was some short-term recovery alongside Bitcoin, the overall rebound was clearly insufficient. After breaking below the 2,000 level in the evening, it dropped to around 1,966, with bearish momentum very straightforward. The intraday trading strategy consistently focused on shorting. Although there were some rebounds within the consolidation, the overall direction was unaffected by short-term volatility, allowing bears to confidently realize profits. It can be said that the market never disappoints those who truly understand the trend. Sometimes, the test isn’t who enters the market fastest, but who can maintain judgment amid fluctuations. If the direction is correct, all that remains is to wait for the outcome.

From the current market structure, Bitcoin’s daily chart has returned to the previous consolidation center, indicating that the earlier upward attempt did not truly open a new upward space but instead formed a temporary resistance at high levels. On the 4-hour chart, the 68,000 level has shifted from support to a short-term strong resistance zone. As long as subsequent rebounds cannot re-establish stability here, the overall weak structure will remain unchanged. Support below focuses on the 65,000 area; if it continues to break downward, further extension toward 64,500 is possible. Although the 1-hour chart shows some recovery at lower levels, the rebound momentum remains weak. The MACD shrinking at low levels mainly reflects short-term correction rather than trend reversal. The 4-hour death cross persists, indicating that bearish inertia has not yet ended. For Ethereum, a clear resistance zone has formed above 2,000. If subsequent rebounds cannot hold above 2,030, there is still a possibility of testing 1,950 or even 1,930 again. Overall, the short-term strategy remains focused on rebound selling, avoiding chasing lows, and waiting for a rebound to face resistance before continuing to follow the trend more safely. #比特币震荡走弱 $ETH