Bitcoin overall shows an oversold rebound pattern, starting a technical bounce from the low point around 61,456 early this morning. During the oscillation and rise, it gradually breaks through short-term resistance, reaching a high of around 63,900. The current price stabilizes around 63,407. Ethereum's trend is highly correlated with Bitcoin, starting its upward movement from the low of 2,078, rising to near 2,142. It shows a steady follow-up rally throughout, with market linkage evident, but the rebound strength remains weak, and the volume release lacks sustainability.

On the daily chart, the downward channel resistance pattern remains solid. After experiencing a sharp unilateral decline and touching the key support at 59,080, the market is now in a typical oversold technical correction stage, without signs of trend reversal. Prices continue to be pressured below the 7-day moving average, with the moving average system in a bearish arrangement, suppressing upward movement. The MACD indicator stays below the zero line in the green histogram zone, with no clear signs of a reversal for the two lines. This pattern indicates the market trend is still dominated by bears, and the short-term rebound is more of a passive correction rather than an active attack. The four-hour trend shows weak rebound characteristics, with prices gently rising on the short-term support line, but an ascending wedge pattern has formed. The upward momentum is gradually weakening, facing strong resistance in previous high-volume zones, limiting further upside. If it cannot effectively break through the key resistance at 64,200, the rebound may end at any time. The current market rhythm indicates that the bulls are only short-term technical buyers; the rebound is not a trend reversal signal but a typical oversold correction, mainly to accumulate bearish momentum for further decline. Today's early operations focus on short positions during rebounds.

Specific trading suggestions: Pay attention to the resistance at 63,800-64,300 and the two levels at 65,800 and 67,000. If these resistances hold, consider shorting with a target of 5,000-6,000 points lower. #我的Gate交易时刻