After the daily level Bitcoin dipped below the 60000 mark, it entered a phase of consolidation and repair, basically running within the range of 71000-63000, forming a new structural pattern. After a second test of the bottom the day before, support remains effective, leading to a rebound. Currently, it is running below 70000, with resistance at 70000-710000 and support at 68000-66000-63000; the daily level Ethereum trend is in sync with Bitcoin, dipping to around 1700 before entering a consolidation phase, forming a new identical structure in 2150-1800. After the second dip, a rebound was encountered, with current resistance at 2100-2150-2230 and support at 2000-1900-1800;

At the 4-hour level, the consolidation and repair operating range for Bitcoin and Ethereum after overshooting is clearer, with Bitcoin at 71500-62500 and Ethereum at 2150-1800. Currently, the market has experienced a second dip testing effective support, very close to the resistance level, so the future suggestion is to short at high levels and wait to enter after breaking out of the range!

Trading ideas:

Short Bitcoin at 68500-69000, target 67500-66000, with stop loss above 70000;

Short Ethereum at 2070-2090, target 2000-1950, with stop loss above 2150;

The strategy is time-sensitive, specific advice should be taken based on real-time guidance privately!

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