On the daily level, this round of rebound is a technical correction after the decline, and the medium-to-long-term downtrend has not reversed. The price is facing significant resistance near the upper Bollinger Band, and bullish momentum is gradually weakening after successive rises. On the hourly chart, the price is running close to the upper band, with the Bollinger channel opening too wide, indicating a need for a technical pullback. This rally is mainly driven by short-term sentiment, lacking sustained incremental capital inflow, and the continuity of the uptrend is insufficient.

Considering the multi-timeframe charts, short-term resistance is concentrated above, and the overall trend leans toward pressure. Stay cautious in operations and manage positions reasonably.

BTC short near 64,300-64,800, target 63,000-61,000

ETH short near 1,780-1,810, target 1,710-1,660