BTC pulls up quickly and then drops back, with the hourly chart showing a large bearish candle, indicating that short-term bullish momentum has been completely exhausted, and Bitcoin is generally weakening and trending downward; ETH is more volatile, with a significantly larger decline than BTC, showing a clear trend of weakening together. Technically, the KDJ indicator's three lines are turning downward from high levels, with the J value dropping sharply, officially entering a weak correction pattern. Short-term outlook: the correction trend on the hourly chart has been established, do not blindly bottom fish, prioritize observing and waiting; subsequent rebounds encountering resistance at moving averages can be lightly positioned, and if the price breaks below the intraday low, expect further deep correction; in terms of market correlation, if BTC stabilizes, ETH's decline may narrow, but once BTC effectively breaks down, ETH will accelerate its downward trend.

BTC:
Short-term resistance: 78120, 78564 (intraday highs)
Short-term support: 77675 (intraday low), 77300 strong support level
ETH
Short-term resistance: 2183, 2197.63 (intraday highs)
Short-term support: 2166.66 (intraday low), 2150 core defense level
Trading suggestions:
BTC rebounds to the 78100-79000 range, can gradually open short positions, targets sequentially at 77300 and 75800
ETH rebounds to the 2182-2200 range, follow the trend to open short positions, targets sequentially at 2150 and 2100