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The crypto market never lacks turbulence, and every fluctuation is the drumbeat of destiny. Short-term troughs need not discourage; all dormancy is preparation for the next higher leap. On Thursday morning, BTC pulled back slightly from 71327 to 70772 and began rebounding with minor fluctuations around 71000. ETH's morning trend showed minor fluctuations around 2170.
Short-term bears are dominant, and the current phase is merely a technical rebound within a downtrend with no effective reversal signals yet seen. The downward pattern remains unchanged. Price weakness at high levels, with bearish moving averages continuing to exert pressure, and rebounds repeatedly failing to break through key resistance levels, with upside momentum essentially exhausted. Weak rebound, bears continue.
BTC: Recommended short around 71800-72300 Target around 70000-70500
ETH: Short around 2180-2210 Target around 2100-2120