From the current overall structure, the short-term market sentiment remains strongly bearish, and a significant rebound to recover losses has yet to occur. Instead, the resistance levels above are continuously moving downward. Yesterday’s continuous dips opened up space, showing strength and continuation, with a clear recent trend. As we enter the end of the week, on a smaller time frame, the short-term expectation is to see a rebound first, followed by a decline. Currently, the market is in a phase of bullish rebounds, which is the most common rhythm recently. During pullbacks, rebounds occur with the highs gradually decreasing and the lows being tested repeatedly. This can be seen as a healthy rebound, with the rebound space fueling the bears. Each rebound is followed by a pullback, forming a weak market pattern.

For tonight’s trading, first observe the extent of the bullish rebound, then look for opportunities to short.

On Friday night, consider shorting Bitcoin around 67,300, with a short-term focus on 66,000.
For Ethereum, short around 2080-2070, with a short-term target of 2000. $BTC $ETH