In the early morning, the market moved into a unilateral downward trend. Bearish forces dominated, price bounces were weak, and overall market sentiment remained strongly bearish; the weak short-term pattern on the chart is clear.

After the continued decline, the short-term short-selling momentum has been released in stages. Indicators have entered the oversold zone, and the market likely needs a technical rebound. At the current price level, it is near a key support area. Consider placing small long positions to gamble on a rebound and technical repair based on the support zone. Be sure to manage risk properly and set reasonable protection.

BTC pullback: go long near 63,000-63,500, target near 64,500-65,500

ETH pullback: go long near 1,850-1,880, target near 1,930-1,980