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The overall trend remains in a weak oscillating downward pattern, with highs continuously moving lower, and the rebound momentum steadily declining. Key resistance levels are under significant pressure, trading volume has not effectively increased, and there are no signs of a reversal. In the short term, the strategy remains to short on rebounds!
Afternoon suggestions
Bitcoin: Around 65,800-66,200, short-term target down to 63,000, and for a longer-term wave, watch the 60,000 level.
Ethereum: Around 1,920-1,950, short-term target at 1,820, and for a wave, look down to 1,750!