At present, the overall trend is still dominated by shorts.
But the bulls will see a thousand-point rebound tonight
Bitcoin tests pressure at 68500-69000
Ethereum followed closely and hit a high of 3650-3700
Why is it still in a downward trend?
The clearly visible top and bottom are gradually pressing down
The K-line operating range is also constantly moving downwards
Every rebound is just a correction.
Short-term retracement above 66500/3540 is bullish
The targets are 69500/3700 in turn.
If the weekly chart closes negative next week and goes lower
Then it’s a signal to sell at the top.