Yesterday to early this morning, the market experienced a wave of decline followed by a rebound and then sideways consolidation, with Bitcoin and Ethereum moving in sync. Yesterday morning, both main cryptocurrencies declined simultaneously, with Bitcoin dropping to a low of 74,600 and Ethereum falling to around 2,150. In the afternoon, both rebounded from their lows, and by evening, they had recovered all of the day's losses. Afterwards, the market entered a period of oscillation and consolidation, with no major fluctuations.

Bitcoin is now fluctuating between 78,000 and 79,000, while Ethereum's range is narrower, stuck between 2,320 and 2,360. Overall, both are in a rebound and stabilization phase. This rebound is mainly due to easing macro selling pressure, but concerns over a US government shutdown still persist. Traders are hesitant to chase higher prices, resulting in limited upward movement after the rebound.

From the technical perspective, the daily chart shows signs of a stop in the decline and a rebound, but the hourly RSI is overbought, so the rebound is likely to see a slight pullback. In the short term, Bitcoin$BTC faces resistance at 80,000 and 82,000, with support at 76,000-77,000; Ethereum$ETH faces resistance at 2,450-2,500, with support at 2,200-2,250. The overall outlook remains focused on a rebound and recovery, but caution is advised for potential pullbacks along the way.