Bitcoin and ETH generally weakened and fluctuated in the morning. After plunging last night, the bulls made a slight counterattack, but the rebound is very likely a trap to lure in buyers.



The technical daily chart structure has deteriorated, combined with the Fed's hawkish rate hike expectations heating up, and tightening liquidity suppressing the coin prices.

Bitcoin short at 76,600-77,200, look for 75,500-75,300
Ethereum short at 2,295-2,330, look for 2,260-2,240

The short-term bearish outlook remains unchanged; rebounds are just opportunities to try shorting, not to blindly catch the bottom and get caught by a falling knife. #加密市场小幅下跌 $BTC
BTC-0.98%
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