The current coin price has not yet shown a clear signal of a bottoming-out. In the recent period, market liquidity has continued to contract, and the market has seen consecutive deep pullbacks, which has further intensified overall market panic. The hourly chart has formed a series of large bearish patterns, and the market has entered an accelerated phase of probing for the bottom.

Previously, the coin price rebounded and recovered to the 78,000 level, but the brief rebound failed to change the direction of the market. The overall short-term downtrend remains strongly in place.

From a technical perspective, the price has tested the low-level support multiple times, but it has not effectively broken down. The down-market selling momentum has continued to weaken, and the main position has not exited. Below, low-level chips are densely accumulated, and the bottom support is very solid.

BTC retraces around 74,200–73,600, then looks to rise toward 75,000–76,500.

ETH retraces around 2,010–1,980, then looks to rise toward 2,040–2,100.