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7.6 Morning BTC/ETH
From the daily trend perspective, the price has been firmly suppressed by the medium and long-term moving averages, and there has been no substantial reversal in the overall downward direction.
The RSI has already exited the oversold zone, but the short-term market is just oscillating and grinding; on the 4-hour chart, the BOLL is narrowing, the price fluctuation range is shrinking, and both bulls and bears are pulling against each other. The bulls simply lack the strength to sustain upward momentum, and the probability of the market rising and then falling back is high. Do not impulsively chase long positions.
Short BTC around 64500-65000, targets 62300, 61700.