Ahead of Friday’s early trading, a bearish outlook was given. This round is only a rebound and repair after a big drop, not a trend reversal. There isn’t enough incremental capital to push the market up, and overhead resistance is significant.


For BTC’s rebound, it faces pressure in the 65,500–65,800 range. It can be countered only if it’s rejected at resistance; if it holds above 65,887, the thinking changes.
For ETH, control is at 1,890–1,915. If it holds above 1,915, give up the “one can only counter” view.
Note:
The above analysis is my personal assessment. The market changes rapidly; the content is for reference only and does not constitute any investment advice!
$BTC $ETH
BTC-0.91%
ETH-2.39%
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