Technical Analysis: Both BTC and ETH are below their moving averages, with clear "bearish alignment" characteristics. The short- to medium-term trend remains weak, indicating that the market is still digesting the previous gains and the pressure from trapped positions. BTC is currently constrained within the 66,000-71,000 USDT range. A downward break is likely to lead to further testing of the 60,000 USDT support level. ETH is relatively stronger but still oscillating within the 1,850-1,960 USDT range. The MACD bottom divergence is beginning to appear, suggesting a short-term rebound is possible, but the direction remains uncertain.
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Technical Analysis: Both BTC and ETH are below their moving averages, with clear "bearish alignment" characteristics. The short- to medium-term trend remains weak, indicating that the market is still digesting the previous gains and the pressure from trapped positions. BTC is currently constrained within the 66,000-71,000 USDT range. A downward break is likely to lead to further testing of the 60,000 USDT support level. ETH is relatively stronger but still oscillating within the 1,850-1,960 USDT range. The MACD bottom divergence is beginning to appear, suggesting a short-term rebound is possible, but the direction remains uncertain.