Bitcoin overall surged higher and then pulled back; after reaching around 66,800, the upward momentum proved insufficient, and it retraced to around 64,600 to stop the decline and trade sideways. Ethereum moved in sync, falling from 1,958 to 1,858. Our prior strategy forecast was accurately validated: Bitcoin and Ethereum both hit 2,000/100 points. The current market has shifted into a correction phase, and the main intraday approach is to look for selling opportunities on rebounds.



At the daily level, consecutive bearish candles are under pressure; on the 4-hour timeframe, price has broken below the Bollinger middle band and the lower band. Bullish volume is lacking, and the short-term bearish structure is unlikely to be quickly reversed.

Sell Bitcoin on rebounds around 65,500-66,000; targets 64,000-63,000.

Sell Ethereum on rebounds around 1,880-1,910; targets 1,840-1,800.
BTC-1.61%
ETH-1.25%
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