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The current market continues weak consolidation, oscillating repeatedly within the 62600-61300 range, with neither bulls nor bears breaking the stalemate further.
Bounces have consistently failed to stabilize, and the short-term bearish structure remains unchanged. This consolidation is just a reaccumulation phase within a downtrend continuation. Short positions can be held patiently, with the next target focusing on the key defense line at 61290.
@$BTC $ETH $IOST
Rebounds have never been able to effectively stabilize; the short-term downward structure has not changed. This current consolidation is only a buildup for a continuation of the decline. Traders can hold short positions patiently, and the next target should focus on the key defense line at 61,290.
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