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The sporadic upward pullbacks on the chart are actually a trap for the shorts to offload positions. The rebound momentum is weak and has no staying power. Multiple moving averages above the price form a coordinated resistance, greatly compressing the upside space. The overall downward-channel structure remains intact, and the short-dominated market pattern has not changed.
Judging from overall market sentiment, capital games, and the technical structure, multi-dimensional signals are bearish in resonance. The bearish trend is clear and shorts are in control. In terms of execution, the strategy is mainly to go short in line with the trend.
For BTC: bounce back near 59000–59500; targets 58000 and 57000.
For ETH: bounce back near 1600–1630; targets 1550 and 1500.
$BTC $ETH #Solana生态ANSEM暴涨