The weekend market showed a wide V-shaped movement, with bears continuing to pressure on Saturday, causing the price to fall back to stabilize around 74,200; on Sunday, the bulls launched a rebound, with the highest rebound reaching near 77,600.



From the current chart, the daily line is in a high-level pullback and correction stage, the price once pierced below the Bollinger lower band, but quickly recovered, though the rebound momentum is weak, generally under pressure below 78,000, with a weak overall trend, and the bearish momentum has not been fully exhausted; the daily correction has not ended. The hourly rebound encountered obvious resistance, with heavy selling pressure around 77,600, pushing the price down after a rise, entering a secondary retracement stage after the rebound. The overall outlook for the future is to prioritize high short positions.

Bitcoin's rebound around 77,200-77,800 is shorted, with a target of 75,300-74,000.
Ethereum's rebound around 2,130-2,160 is shorted, with a target of 2,050-2,010.
BTC0.39%
ETH-1.12%
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