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The US stock market opened with a slight rebound in the short term, currently facing key resistance at around 71,700 on Bitcoin at high levels. The four-hour chart cannot stabilize above this level, and a certain pullback in a bearish tone is still likely.
The important short-term support at around 70,450 is also a key target point we are focusing on.
For Ethereum, the short-term key resistance is at around 2,220. The market's bullish surge failed to hold steady, indicating a weak structure. The short-term trend shows signs of a short-term bottoming at 2,180 during consolidation. If the market remains weak, it will likely continue to fluctuate around the bottom and decline further. The current outlook remains bearish.