Reviewing the early morning market action, Bitcoin rebounded for a second time and recovered to around the 71,000 level, but the bulls showed weakening momentum with increased volume. The altcoin ratio subsequently pulled back into correction territory. Currently, the market is oscillating and adjusting around the 70,700 level. Regarding Ethereum, it recovered to around 2,180 but faced selling pressure and pulled back. It's currently hovering around 2,180. Throughout the day, I've been reminding everyone to watch the Bitcoin and Ethereum range. Early morning short-term trading also yielded some profits. From yesterday evening's mentioned current price positions, Bitcoin captured 1,300 points, and Ethereum captured 50 points of profit. From the current market perspective, the daily large bullish candle has recovered the pullback from the previous three bearish candles. The altcoin ratio is currently moving near the mid-band. The overall trend appears to be a rebound after retesting the bottom, but in terms of actual recovery strength, it remains suppressed as before with relatively weak volume expansion. Throughout the overall consolidation range, we can still arrange short positions for downside targets. The key resistance at 71,000-72,000 upside has not broken, so the trend won't change to a bullish reversal. Combined with the four-hour chart, there's key resistance above. The overall bullish candles have frequently shown upper shadow line structures, indicating insufficient strength from the bulls to recover. With previous key resistance not broken, the overall trend remains unchanged. In the short term, we should maintain a bearish bias. Bitcoin can short at 70,500-71,000, targeting around 68,000. Ethereum can short at 2,150-2,180, targeting 2,100-2,200. #加密行情震荡 $BTC $ETH

JUST IN: MoonPay launches open-source cross-chain wallet standard for AI agents. Could accelerate cross-chain wallet interoperability and AI-driven asset management. $BTC $ETH?

Congratulations to the brothers who followed yesterday's price level tips and pending orders for ETH, Made big gains of 130 points both long and short, Yesterday's long position at 2123 took profit successfully at the first target, reached a high of 2185 on the short side, gained about 60 points, Then the short position from 2185 came to the first take-profit level at 2135, the lowest point reached 2116, also gained about 70 points, Combined long and short: made big gains of about 130 points,, 😁