Enze: Bulls stop at 70,000, looking down to 65,000, outlook unchanged

From the current market situation, there has been a recent rebound, and the market is currently trading around 67,500. However, the long-term downward trend still exists, and this wave will likely exit around 70,000, which could lead to another significant drop. Wait for the rebound, and maintain a primarily short position.

From the four-hour chart, the market continues to move sideways, with no signs of breakout. The consolidation is likely to persist for a while longer. Until clear market signals appear, all operations should focus on short positions.

Trading Suggestions:

BTC: Short around 70,000-68,000, with a stop-loss above 70,800, targeting 66,500-65,000.

ETH: Short around 2,030-1,980, with a stop-loss above 2,050, targeting 1,930-1,900.

Note:

The above analysis is Enze's personal view. The market is ever-changing, so please rely on Enze's actual market data!