$BTC $ETH Bitcoin and Ethereum intraday outlook: shorting at high levels. The current market is in a pressure stage after a rebound and repair. The short-term cycle has gradually moved out of a structure characterized by failing to sustain the push higher, followed by high-level consolidation. BTC has repeatedly tested above 78,000 but has not been able to hold effectively; the highs have gradually slowed down, forming a short-term double top-like structure plus a weak pullback.

MA7 has started to turn downward; the price has fallen back below the moving average. Short-term bullish momentum has weakened. ETH rebounded to around 2,340, where it is clearly under pressure—multiple upper wicks. Selling pressure above is evident, and the price falls back below the BOLL middle band. In the short term, the market has entered a weak, ranging, and slightly bearish rhythm.

Bitcoin: Short around 78,500
Target: 77,500-76,000

Ethereum: Short around 2,340
Target: 2,310-2,270

Weakness in an advance is the biggest negative signal. The weaker the rebound, the more stable the bears. If later volume expands and the price breaks below the low from the morning session, the market will accelerate. The intraday downside for short positions will not be small—focus on timing and rhythm.