After the previous decline, the weekly line broke through the defense, the market supply was excessively consumed, and it temporarily entered a consolidation process. The trend of this week's market will continue to be volatile. K-line, moving average, technical indicators, etc. will gradually repair the market trend, fill the gap, and inevitably enter a small rebound. In terms of operation, it is recommended to take a long position at the bottom and a short position at the high, focusing on short-term trading!

The analysis of the daily line and four-hour line trend charts has deviated from the market's technical form. There is a high probability of a narrow rebound. Bitcoin is around the 26500 pressure level, with support at the 25700 level below. Currently, Bitcoin is affected by excessive supply consumption and is maintained at the 26000 support level. The rebound operation is based on the 26000 support, with a short position entry, defense at 25700, and a target near 26500. Conversely, near the pressure level, one can boldly open a short position.

Ethereum's support has returned to the 1660 bottom support, with 1625 as the initial support. Similarly, the logic of operation is to enter a short position near the initial support, defend at 1635, and target 1700. The upper pressure levels are in the range of 1700-1737. When rebounding to the pressure zone, boldly enter a short position.

The trend of this week is definitely a bottom consolidation to repair the price difference caused by the market's oversupply and the resulting downward trend!

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