Morning market rallys then pullbacks, the market signals are very clear, the candlestick forms a long upper shadow, overhead selling pressure is heavy, the upward momentum is clearly insufficient, and the upward push is weak.

All technical indicators are weakening simultaneously, the KDJ is turning down from a high level, a death cross is about to form, after overbought conditions, the correction pressure continues to rise; ATR continues to decline, market volatility is narrowing.

Under high-level oscillation, the advantage of the top gradually becomes apparent, and the short-term market is most likely to enter a sideways correction trend.

BTC rebounds around 80,400-80,800, with support at 79,800-78,800.

ETH rebounds around 2,320-2,360, with support at 2,300-2,240.