Early morning news impact caused Bitcoin to strongly pull back, facing resistance near 6.4, currently oscillating between 6.35-6.4. Yesterday, our high-altitude strategy still performed steadily, providing a 1000-point profit space between 633 and 623.



The four-hour price remains under pressure at the middle Bollinger Band, with a brief rebound unable to change the sideways consolidation at low levels, and there is no sign of a reversal in the market. The short-term high and low points are gradually moving downward, with a clear weak oscillation trend and obvious bearish advantage. The hourly chart shows quick rises followed by declines, with alternating candlestick closes and slow price declines, indicating that bullish momentum continues to weaken, and the overall short-term outlook is for oscillation and decline.

Bitcoin rebounds near 63800-64500, shorting with targets at 62000-61000-60000.

Ethereum rebounds near 1680-1710, shorting with targets at 1600-1550-1500.
BTC1.10%
ETH0.57%
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