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$BTC $ETH Bitcoin and Ethereum daily outlooks focus on high-altitude levels. Although there has been a rebound above the moving averages, the moving averages have flattened from an upward trend, indicating short-term bullish momentum is weakening. The moving averages above are forming strong resistance. During the intraday rally, volume increased but then gradually declined during the pullback, showing insufficient rebound strength. This suggests that bulls are weak in chasing higher, and there is heavy selling pressure at high levels. The upward move lacks volume support. The DIF crosses below DEA, forming a death cross, with green bars continuing to enlarge. Bearish momentum is gradually releasing, and the short-term trend is turning bearish.
Bitcoin: Short around 72,800
Target: 71,600-70,500
Ethereum: Short around 2,225
Target: 2,190-2,150
A sharp rise must be corrected. Avoid taking positions at high levels. Light positions and adding shorts intraday is the way to go.