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From a technical perspective, the current rebound is only a weak correction, not a trend reversal at all.
Although the 4-hour level shows rapid upward movement, there is significant pressure from continuous upper wicks above, and the price has failed to effectively break above the Bollinger Band upper rail. The Bollinger Band as a whole maintains a downward opening, with the bearish structure intact and not broken.
The trading strategy remains clear: follow the trend with short positions at resistance levels. Rebounds are good opportunities to short. Focus on monitoring pressure signals at key resistance levels, and do not blindly chase long positions.
Bitcoin: Short around 71000-71800, targets 70000/69000/68000
Ethereum: Short around 2150-2190, targets 2080/2000$BTC $ETH