The daily chart shows that the coin price briefly rose above the MA5 short-term moving average, indicating a potential repair move. However, the medium- to long-term moving averages are still in a “fan-shaped” dispersion pattern, and downward pressure has not been broken. In the MACD indicator, the DIF fast and slow lines have not formed a golden cross, the green histogram has not fully dissipated, and the “bull” energy is insufficient. This round of upside is only a stage rebound after a decline and does not mean a “bull” trend reversal.

In the four-hour chart analysis, the RSI indicator has entered a relatively strong range. Short-term bullish momentum is consuming faster, and further upside lacks follow-through. The 65,800 to 66,200 zone is a short-term heavy congestion and trapped-holder pressure band, serving as the watershed of the battle between bulls and bears. If the price repeatedly tests this range without breaking out, the trapped orders will likely exit in a concentrated manner, and the market may probe lower again toward key support.

In terms of trading, do not blindly chase “bulls”; focus on whether the price breaks through the pressure zone. If the rally meets resistance and stalls, look to short accordingly. Only after it rallies with volume and holds steady should you follow the “bull” move, and you must implement position and risk control.

BTC rebounds near 65,500-66,200, then looks down to 64,700-63,500

ETH rebounds near 1,960-1,990, then looks down to 1,930-1,860