Currently, the market shows that the bulls and bears are in a stalemate, with daily chart strength fluctuating unpredictably, presenting a typical narrow-range consolidation pattern. In terms of candlestick patterns, two consecutive days have formed small bullish candles with upper and lower shadows, indicating that the buying and selling forces are balanced but upward momentum is weak; today’s market turned bearish again, entering a retracement adjustment phase. Overall, the rebound momentum is clearly insufficient, and the market as a whole exhibits a sideways to weak trading characteristic. The current price is approaching the upper boundary of the downward channel resistance zone. After two days of consolidation over the weekend, no effective breakout has occurred, indicating that the resistance above remains relatively strong. Moving forward, focus should be on whether the price can withstand pressure and fall back; once a downward signal is confirmed, a new downward trend may begin.

In terms of trading strategy, it is recommended to remain cautious, mainly adopting a short position on rebounds, and pay attention to the key support levels for potential gains or losses.

Bitcoin short at 67,500-68,000. Target 66,000-65,500. Once reached, consider going long. Ethereum short near 2070-2100, with targets at 2030-2010. If broken downward, look for 1980-1950.