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.