The rebound of BTC and ETH may be coming to an end, as the weekly level decline continues, and the market has not improved, but the data is already overbought.



Already occurred / Market digested: US CPI → No further deterioration, European & UK central banks → Neutral stance, Bank of Japan → No sudden hawkish turn.

There is a possibility of a rebound after a period of consolidation at a high level, but the current upward movements are opportunities for shorting and profit-taking. BTC is first looking at 85,000, then 80,000, while ETH is at 2,740 and 2,500, unless BTC can break through and stabilize above 95,000 with substantial volume.
BTC0.25%
ETH0.22%
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