$BTC $ETH Bitcoin and Ethereum's daily outlook is primarily based on high-altitude perspectives. From a structural point of view, this round of rebound resembles more of a technical correction after a decline rather than a trend reversal. BTC has rebounded above 70,000, but overall remains constrained by short-term moving averages, with insufficient volume support. ETH is rebounding in sync but also faces a dense area of previous highs and high-volume trading zones above, making chasing longs not very cost-effective. The core message of the current rhythm is simply: rebounds are opportunities to short, not signals of a trend reversal.
Bitcoin: Short in the 71,000-73,000 range Target: 70,000-67,000
Ethereum: Short in the 2140-2170 range Target: 2100-2050
The market is still oscillating within a range, repeatedly pulling back and forth. In the short term, it's about positioning and execution, not faith. Be patient and wait for the rebound to give a better entry point; then, there will naturally be room for shorts.
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$BTC $ETH Bitcoin and Ethereum's daily outlook is primarily based on high-altitude perspectives. From a structural point of view, this round of rebound resembles more of a technical correction after a decline rather than a trend reversal. BTC has rebounded above 70,000, but overall remains constrained by short-term moving averages, with insufficient volume support. ETH is rebounding in sync but also faces a dense area of previous highs and high-volume trading zones above, making chasing longs not very cost-effective. The core message of the current rhythm is simply: rebounds are opportunities to short, not signals of a trend reversal.
Bitcoin: Short in the 71,000-73,000 range
Target: 70,000-67,000
Ethereum: Short in the 2140-2170 range
Target: 2100-2050
The market is still oscillating within a range, repeatedly pulling back and forth. In the short term, it's about positioning and execution, not faith. Be patient and wait for the rebound to give a better entry point; then, there will naturally be room for shorts.