Last night, the originally steady downward trend was triggered by a comment from Trump. Although there was a rebound, it still remains within the 62,200-63,800 range. If it cannot break through the 63,800-64,700 resistance zone, the upward movement cannot continue. Without breaking the upper boundary of the range, it will be a consolidation; if it breaks below the lower boundary, it will retest the support at 60,700. Bitcoin is under pressure below the hourly Bollinger upper band, the MACD red histogram is shrinking, the upward momentum is weakening, and the candlesticks are consecutively showing upper shadows, indicating a lack of enthusiasm for chasing highs.

Ethereum is also constrained by the 1,680 resistance; if it cannot break through, it can only move within the range.
In a sideways market, quick in-and-out trades are most suitable. The core trading strategy remains mainly bearish within the consolidation.
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