The current rebound is only a return to the upper box oscillation platform; this wave is merely a technical correction after a deep decline. There is a large amount of trapped selling pressure piled up above, and the true strong resistance has not yet been reached. The overall long-term downward trend has not reversed. The area around 64,000-64,300 is a very strong medium-term resistance zone, where a large number of trapped positions from earlier are accumulated. This is the key dividing line between a rebound and a reversal. Until there is a volume-supported stabilization above 64,300, it is essentially still a correction within a downward wave.

Ethereum is moving in sync, with the same rhythm. There is heavy selling pressure in the 1,685-1,715 range above, making it difficult for the rebound to break through directly. The trading strategy remains focused on shorting at high levels, with proper stop-losses and position control.
Bitcoin: Range 63,000-63,500, target around 61,000.
Ethereum: Range 1,685-1,715, target around 1,600.
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