Bitcoin Market Analysis: The 1-hour Fibonacci chart shows an oversold rebound from the low of 58031, with short-term resistance concentrated around 60800, and upward Fibonacci resistances at 61565 and 62657 respectively; the key support below is 58031, which is the bottom of this round. If it holds above 60800, the rebound space opens up, looking towards the 61565-62657 area; if the rebound fails and falls back below 60800, the market returns to weakness and retests the 58000 support.

Ethereum Market Analysis: The 4-hour chart shows a double top structure,

It has formed a standard double top pattern, with the neckline support at 1610 effectively broken. The bulls' counterattack at this level has weakened, confirming the bearish trend; currently, it is in a low-level range consolidation, the market is likely to continue downward, and the large-cycle bearish market will continue for 2-3 months, even if there is a rebound, it will not break above 1850.

Operation Suggestion: Short Bitcoin near 61600-62100, stop loss at 62600, target near 60800-60300, break below look at 59300, if not broken, go long.

Ethereum Operation Suggestion: Short near 1635, stop loss at 1665, target near 1570, break below look at 1552-1532, if not broken, go long. (Strategy for reference only) #BTC #ETH