6.8 Monday midday market analysis.

A new week begins, and the market has experienced a certain rebound in the short term.
After an initial surge in the morning reaching the 64,200 area, it faced resistance and pulled back, now returning to around 63,100.
The weekend's movement was relatively large, with the coin price bouncing back more than 5,000 points after hitting the bottom around 59,000.
Currently, the upward movement is facing resistance and pulling back; as long as it does not stabilize above 65,000, the main approach remains bearish!
The daily moving averages are arranged in a bearish configuration, and the price continues to stay within the downtrend channel, with the overall trend leaning bearish.
This rebound is only a short-term correction, with no reversal signals seen.
The four-hour short-term rebound is gradually encountering resistance, with strong resistance in the 64,200-64,500 range above.
The overall downward trend has not changed, and the main structure remains bearish.
BTC trading suggestion: Short near 63,500-64,000, take profit at 62,800-61,500.
Stop loss at 65,000.
ETH trading suggestion: Short near 1,700, take profit at 1,650-1,580.
Stop loss at 1,750.