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The mid-line support is a critical defensive level; if it remains intact, the bullish trend may still see repeated rebounds, but the four-hour indicators have already shown a death cross at high levels, increasing short-term correction pressure. Currently, it is not advisable to blindly chase rallies. It is recommended to wait for a pullback to key support levels and for bearish sentiment to be released before establishing low-position longs; short-term traders can consider light short positions near resistance levels.
Bitcoin: Short entries near 76,000-76,700 on rebounds, first target 74,000-73,000
Ethereum: Short entries near 2,380-2,420 on rebounds, first target 2,320-2,260