Currently, based on the market outlook, the downward momentum of Bitcoin continues to be released, with clear testing of lower levels. There are no signs of stabilization in the short term, and it is not recommended to go against the trend and buy. The daily chart shows increased volume with a bearish close, with most gains given back from high levels. The long upper shadow highlights heavy selling pressure at high positions.

On the four-hour chart, multiple attempts to break above have failed, indicating a clear correction trend. In a weak pattern, a pullback to the middle of the moving average is expected. The hourly indicators show a death cross resonance, with consecutive bearish declines supported by increased volume, still testing for stabilization. Focus on support levels below for potential rebounds; maintain a high-short strategy.

Short positions around 69,500-70,200, target 68,000-66,800.

Ethereum around 2,130-2,170, target 2,080-2,020.