Reviewing yesterday's market, BTC briefly tested the key resistance level at 60700, only briefly piercing it without stabilizing above that price. The bullish upward momentum quickly weakened, and the market subsequently started a pullback adjustment. After completing a retest confirmation, it did not further expand the decline. At present, it is overall oscillating back and forth within the 60000 to 60700 range. ETH also faced pressure after a simultaneous surge and declined.

Combining the current market structure, the long-term bearish trend still dominates. The daily chart closed with a long upper shadow doji candlestick. 59000 is the key daily-level support level, with heavy selling pressure accumulated above. The focus of the subsequent market is to observe whether the retest can hold this support. The support at 59000 is relatively strong, making a one-time breakdown difficult. If the price stabilizes above 59000 after the retest, there is still the possibility of another attempt at the 60700 resistance. Once it effectively breaks down, the market will continue to probe the low at 58388 and the previous low support area at 58030. On the 4-hour timeframe, the step-down structure has completed, and the price remains under pressure at the middle Bollinger Band. On the hourly level, the Bollinger Bands have transitioned from contracting and flattening to a slight downward tilt. After touching the upper band, the price faced pressure and pulled back, with the bullish candlestick bodies continuously narrowing. Bearish selling pressure is gradually being released, and the short-term market has shifted from a rebound recovery to a pullback adjustment. The resistance at 60700 is extremely strong, and multiple tests have failed to achieve an effective breakout. The overall market sentiment is cautious and pessimistic. Before the price stabilizes and breaks through this resistance, the short-term trading strategy should prioritize following the trend and shorting on rebounds.

BTC short at 60400-60700 range Target 58000

ETH short at 1575-1585 range Target 1#0成本拿2股SK海力士 $BTC ‌$ETH ‌