Within four hours, the market has experienced consecutive bearish candles, with the previous mid-band support level effectively broken through, and bearish momentum has significantly strengthened. Price explored a bottom with a hammer-like pattern and stabilized slightly, but volume did not expand, limiting the power of bullish rebounds.



On the hourly level, the market weakness is more pronounced. BTC declined with five consecutive bearish candles after volume expansion, quickly turned weak after a minor bullish rebound, and price continues to test the lower band closely.

Against this backdrop, market sentiment has shifted, with bearish forces taking the lead. It is recommended to follow the trend.

BTC: Resistance around 71300-72000, targeting lower levels at 70300-69000

ETH: Resistance around 2210-2260, targeting lower levels at 2150-2050
BTC-3.91%
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