The current market has returned to a choppy consolidation and correction. Short-term bullish rebounds are struggling to gain traction, and the overall market tone remains weak. Resistance above is clearly suppressing price; it has repeatedly tried to bounce back but has not been able to break through effectively. Price continues to face pressure at higher levels. After a brief halt in the rally, it has once again shifted into a narrow-range consolidation. After it pulls back to the key support below and you see confirmation that it has stabilized, there will be a low-range back-and-forth (short-term) game—then a short-term bounce can be played.



BTC retraces around 63,500-62,800, with resistance to watch at 64,300-65,500.

ETH retraces around 1,710-1,680, with resistance to watch at 1,740-1,810.
BTC-0.04%
ETH-0.18%
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