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This afternoon, Bitcoin's price rebounded from the morning low of 66,238 to 68,403, then experienced slight fluctuations around 67,600. Ethereum rebounded from 2,013 to 2,092 in the morning and then showed minor oscillations around 2,060.
The short-term moving averages (MA7/14) are in a bearish alignment, with the price facing resistance in the 67,000-67,400 range; the long-term moving averages (MA90/180) are diverging downward, indicating the continuation of a mid-term bear market. The hourly chart touches the middle band of Bollinger Bands, with rebound momentum waning. RSI is near the 50 midpoint, facing resistance without a clear breakout; MACD bearish momentum has not significantly decreased, operating below the zero line, with no clear bullish divergence. The rebound volume is shrinking, while the pullback volume is increasing; buyers are cautious, bullish strength is insufficient, and the rebound height is limited.
BTC: Suggest shorting around 68,000-68,500, target around 66,500-67,000
ETH: Suggest shorting around 2,080-2,100, target around 2,000-1,980