$BTC $ETH Bitcoin and Ethereum are currently following a high-level short-term upward trend, mainly riding the momentum. This recent rebound is essentially a technical correction after a decline, not a structural reversal.

Although prices have risen, they are still operating below the medium- and short-term moving averages, with significant resistance above. The bearish trend has not changed, and there are no clear signs of bottom formation in the current market. There has been no effective volume breakout or structural higher lows, and the downward trend line remains in place. Therefore, today’s strategy is to mainly short on rebounds and follow the trend!

Short around 67,500 for Bitcoin
Target: 65,500, 63,000, 61,000
Stop-loss: 68,500

Short around 1,980 for Ethereum
Target: 1,940, 1,880, 1,830
Stop-loss: 2,030

The bottom has not yet formed. Any feeling of being cheap when bottom fishing is essentially a gamble against the trend. The market is not lacking opportunities; what’s lacking is the discipline to hold back at the wrong moments. Only take positions you understand and that are logically sound.