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Morning Bitcoin slightly surged to 64,250 but then faced resistance and pulled back, just a short-term rebound for the bulls. The overhead moving averages are heavily suppressing, making it difficult to break through the 64,500-65,000 resistance zone.
The overall trend remains bearish, and any rebound is just a continuation of the decline. The one-hour oversold weak rebound shows MACD golden cross and RSI recovery, but with insufficient volume, the rebound space is limited. Maintain a strategy of shorting at resistance levels, avoid catching the bottom.
Bitcoin rebounds around 63,800-64,500, with targets at 61,500-60,000.
Ethereum around 1,700-1,740 short, with targets at $BTC 1,630-1,560.