Bitcoin and Ethereum are weak and consolidating, with key levels repeatedly contested, increasing bullish and bearish disagreements. Bitcoin's slight rebound is met with moving average resistance, lacking upward momentum; Ethereum's trend remains weak, with deeper declines and no independent trend, and market funds are in a cautious wait-and-see atmosphere.

The short-term market is trapped in a consolidation range, with resistance above and support below, with no breakout signals. Trading should focus on high sell and low buy within the range, avoiding chasing rallies or panic selling, and patiently waiting for the trend to establish.

Bitcoin's rebound around 64,600-65,200 is shorted, targeting 63,500-62,500. If it stabilizes around 63,500 during a pullback, a light long position can be taken, with flexible profit-taking.

Ethereum's rebound around 1,750-1,780 is shorted, targeting 1,700-1,650. Pay close attention to the effectiveness of the 1,700 support level, and follow Bitcoin's trend to position accordingly. $BTC $ETH