Although there was a rebound in the market last night, the overall trend shows that the previous downtrend has not been completely reversed. If the rebound strength is insufficient, the bearish forces may dominate again. The market is highly volatile; if the overall environment is bearish and lacks positive support, prices are likely to be influenced downwards by the bears. Additionally, if the current rebound does not effectively match the volume, the subsequent upward momentum is also in doubt.

From a four-hour perspective, the upper track constitutes pressure while the middle track is downward, indicating that the bearish forces dominate the trend. The candlestick has not broken through the key resistance level.

Bitcoin 106500 short, target 104500

Ethereum 2600 short, target 2550