I never thought that 68K and 65K would be just paper-like.

So, 60k must break!
The overall direction today is still bearish; this morning's technical rebound from 61K confirms that the bottom has already been seen.
BTC and ETH are both in a daily + 4-hour resonance of decline; although there was a rebound due to deep sell-offs in the short term, based on structure, order flow, and liquidation distribution, the rebound seems more like providing liquidity for the bears above rather than a trend reversal point.
As of now, ETH and BTC have intraday lows of 61,503 and 1,730.46 respectively.
On a macro level, the external environment is currently unfriendly: ETF outflows continue + Strategy's first coin sales + Mt. Gox coin transfers + Binance's industry expansion with US stocks/ETF trading上线. Meanwhile, the US May ADP employment increased by 122k, the ISM Services PMI rose to 54.5, and the input price index increased to 71.3, all reinforcing the expectation that "interest rates will stay high longer."
The US May non-farm employment report will be released at 8:30 on June 5, so in the next couple of days, the market is likely to continue being disturbed by employment data and the USD/US Treasury yield.
Therefore, in trading, the summary is:
$BTC Rebound shorting is preferred.
As long as it doesn't stabilize again above 65.8K-66.2K, treat it as a correction within the downtrend.
In the short term, watch whether the rebound to around 65K / 65.8K / 67K will be suppressed again.
$ETH Similarly, rebound shorting is preferred.
As long as it doesn't stabilize again above 1835-1860, continue to treat it as a weak rebound.
In the short term, watch 1820-1835, and a stronger level is 1850-1865.