The order book shows that the rebound in this round lacks sufficient momentum; there is a shortage of buy-side orders from the “duotou,” and price is being suppressed by overhead resistance at the higher levels, making it difficult to break upward—hence it falls back under pressure.

The slight uptick is only a technical short-term correction during the ongoing decline. It is meant to digest oversold positions and correct deviations in indicators. The large-timeframe “duotou” trend has not changed, and the market layout pattern dominated by the “kongfang” remains.

BTC rebounds around 61,600-62,200; below that, it looks at 61,000-60,000.

ETH rebounds around 1,600-1,640; below that, it looks at 1,570-1,500.