Currently, Bitcoin is exploring the bottom after dropping to the 62,232 low, and has formed a technical rebound. The one-hour Bollinger Band middle line at 62,801.0 has shifted from resistance to short-term support. The first resistance level is at 63,200; only by holding above this level can the rebound space further open up. Ethereum follows Bitcoin's lead, completing a low-level recovery, and the short-term downtrend is temporarily halted. There is selling pressure at 1,715 above, and the rebound pace is relatively weak, making it difficult to directly trigger a reversal upward trend.

Overall, the highs of the market are continuously moving lower, and the medium-term bearish trend remains unchanged. This rebound is just a pause within the decline. It has now rebounded to the entry point for short positions, and the trading strategy remains to follow the trend and stay bearish.
#我的Gate交易时刻 $BTC ‌$ETH ‌