Currently, there are no signs of a bottoming out at all. Bitcoin is testing whether it can hold the 65,500-65,000 range below. If it can't hold, the next support level would be around 62,500. As long as the first major support zone can hold, smaller timeframes will still see a rebound.


BTC: Conservative traders can wait to go long in the 65,500-65,000 range, targeting 67,000-68,000. Shorts can be taken in the 67,000-68,000 range with a stop loss at 69,000.
ETH: Watch the 2,010-1,980 range for long entries, with a rebound target of 2,080. A breakout could lead to further upside. For shorts, consider the 2,080-2,100 range with a stop loss at 2,100.
ETH-3,54%
BTC-1,83%
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