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Bitcoin's current structure is clear, with a dominant bearish trend and a weak market pattern already established.
Multiple timeframes are resonating in weakness, with the daily highs continuously decreasing and lows constantly being refreshed. The price is moving along a standard downward channel, confirming a clear bearish rhythm.
All moving averages across timeframes are arranged in a bearish alignment, with the price under key moving averages. Each rebound faces selling pressure, and bullish rebounds are weak. The medium-term downtrend remains unbroken, and the bears still dominate the market.
Trading suggestions:
Bitcoin: Short in the 67,800–68,500 range, targets 66,000 and 65,000
Ethereum: Short in the 2,000–2,030 range, targets 1,950 and 1,900