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Early morning, the market showed a surge in selling volume with a pullback. Bitcoin briefly dropped to around 68,200 before finding support and rebounding. The price tested a bottom and then experienced a temporary rebound. Currently, the rebound is facing resistance around 69,000 and pulling back. It is now consolidating near 68,300. The overall structure remains weak, with a short-term key resistance at around 68,200. The market is currently trading within a range of 68,200 to 69,000. The main trend is still dominated by a bearish outlook. For those entering at higher levels, continue to hold. If the price breaks below support, attention can be given to around 67,500.
Ethereum has shown a strong recovery, with the price pulling back after encountering resistance near 2,080. It briefly surged to around 2,115 before facing resistance and pulling back. Currently, it is consolidating around 2,100. Key support levels to watch are 2,080 and 2,050.