Review: This morning continued the weak rebound from the early hours. As per yesterday's reminder (rebound is for gap filling), I entered a short position at the upper edge of the low-level sideways range. In the afternoon, after hitting a new price low, there was a divergence between CVD sideways movement and OI decline, with sell orders absorbed, leading to a rebound. I followed the trend with a short-term long position and just took profit near 4210. Current market and liquidation chart analysis: This is still an emotional recovery after a sharp drop, with no structural reversal. The rebound is more about gaining liquidity and filling gaps. BTC's main liquidation zone is near 114K, with the gap around 113.7K. The 113.7K-114K range is a key resistance zone. ETH's gap resistance zone is 4230-4260, and the liquidation zone is 4300-4330. The daily chart has already broken below the lower edge of the previous sideways range, continuing to show short-term weakness. Currently, there is no sustained positive expansion in OI or CVD, so the upper liquidation zones are more likely liquidity pools for short positions rather than signs of reversal. Thus, the above resistance zones can be used as reference points for short positions. If there is a breakout with volume and stabilization above 114K and 4260 on the 1H chart, along with synchronized increases in OI and CVD, then the range can be switched to long positions for upward targets. BTC ETH