Let's do a brief review of the recent bottoming and rebound market points. Bitcoin opened on Monday with a surge in bearish volume, and the price once fell to the recent low around 62,400 before stopping its decline. The overall market is currently recovering again, with a recent two-day phase of partial recovery. After rebounding to around 70,000 early this morning, the market has maintained a consolidation around 68,000. Ethereum is moving in sync with Bitcoin, but its decline has been less aggressive compared to its upward momentum. The price once fell to around 1,800 before bouncing back to a recent high of 2,150, then pulling back. It still remains above 2,000, and the key focus for future movement is on the stabilization structure.

Looking at the daily chart for Bitcoin, the overall trend still shows a downward movement. Recently, during the volume spike to probe the bottom, the price briefly broke below 60,000 but did not see further volume increase. The current pattern is more inclined toward a consolidation after the bottoming out. As the Bollinger Bands continue to narrow, the trading range is gradually tightening. After a long upper shadow on the recent doji candlestick, today's candlestick remains above the middle band. Although there hasn't been a new high or further breakdown recently, the lows have been raised. The key resistance above is the frequent upper shadows at the previous high around 70,000.

On the four-hour small cycle chart, the critical support at around 62,500 has formed a secondary bottom, indicating a short-term bullish signal. Currently, the price remains near the upper band, and the Bollinger Bands are not showing a clear opening trend. The overall market is likely to continue oscillating in the short term. A breakout with volume will require a phase of impulsive movement. In the short term, the strategy is mainly to short at high levels, with a stop-loss above 70,000.

For Bitcoin, consider shorting between 69,000 and 69,500, targeting around 66,500. For Ethereum, look for short entries around 2,100-2,070, with a target near 2,000. #BTC #ETH