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The current market rebound pace seems more like a preparation of the spatial and temporal framework for subsequent movements. Structurally, it leans towards a predominantly sideways correction with a slight bearish bias, especially on the 1-hour chart, where after a series of upward moves, the price encountered resistance at the upper Bollinger Band. The subsequent momentum failed to follow through, indicating a potential trend reversal signal.



In this "weak rally" state, the possibility of a short-term pullback is gradually increasing. It is likely that a new downward correction will follow, so attention should be paid to the support levels' ability to hold.

Bitcoin: Around 103,000-103,500, with a target near 101,500

Ethereum: Around 3,460-3,480, with a target near 3,330
BTC2.39%
ETH5.15%
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