Overnight, the front-line support at 64,500 failed after a double bottom formation in the early stage, and a wave of increased volume during the early hours directly broke through the defense line, with Bitcoin touching a low of around 64,400, once again refreshing the stage low; Ether also was not spared, with the 1800 psychological level broken without resistance, and a lowest retracement to around 1766, with market panic indices further rising.

In terms of market details, BTC shows a unilateral downward trend, with the focus continuously shifting downward; while ETH exhibits a "rebound confirmation followed by further decline" structure.
Although the short-term rhythm shows some divergence, both are highly synchronized in their downward direction, and the bears currently dominate the market actively.

Daily level: Continuous decline with consecutive red candles, the price has now moved away from the lower Bollinger Band, accompanied by increased trading volume, with the candlestick bodies gradually expanding, indicating that the bearish momentum is still in the release phase, and no signs of stabilization or reversal have appeared.
In terms of trading strategy, maintain a trend-following approach, mainly shorting at key resistance levels on rebounds.

Trading suggestions:
Bitcoin: Rebound to the 64,500-65,000 range, gradually establish short positions, with an intraday target of around 62,000.
Ether: Rebound to the 1,830-1,850 range, gradually establish short positions, $BTC with an intraday target of around 1,700.