Bitcoin is showing a weak oscillating pattern overall. After briefly testing the high of 95157 in the morning, it quickly faced pressure and fell back. The weak pattern has continued throughout the day, with the price oscillating down to the low point around 98833. Although a technical rebound was triggered here, the bullish momentum is clearly insufficient, and the rebound strength is quite limited. Ethereum encountered significant selling pressure after rebounding to a high of 1841, dropping to a low of 1773. This trend perfectly validates the bearish expectation proposed by Xiao Ge in the morning, demonstrating the precise grasp of market rhythm by professional analysts.

The current price shows a trend of rising and then falling back, with clear resistance in the upper area. The K-line entity has not effectively stabilized at the key level. During the downward process, bearish volume continues to be released. Although there has been a weak rebound, the moving average system is in a bearish arrangement and is diverging downward. The short-term trend is undergoing corrective consolidation, with the price repeatedly testing the mid-track pressure within the contracting Bollinger Bands. Although short-term moving averages are temporarily converging, the K-line has repeatedly surged and then fallen back, raising doubts about the sustainability of the rebound. The bearish outlook remains dominant in the early morning.

Bitcoin: Short sell near 94500, short-term target 93000

Ethereum: Short sell near 1820, short-term target 1750