Although Bitcoin has recently experienced an oversold rebound, from a technical perspective, it still remains within a downward channel for technical correction and has not reversed its trend.

From a technical standpoint, the price continues to be suppressed below key moving averages, with short-term moving averages in a bearish alignment, exerting continuous downward pressure; the daily chart shows a complete downward channel, with higher highs constantly shifting lower and lower lows gradually breaking support, indicating the downward structure has not been broken; indicators like MACD show slight recovery but remain in the bearish zone, with no strong reversal signals yet.
For Bitcoin trading, it is recommended to short around 71,000-71,800, with targets at 68,500 and 67,200.
Similarly, for Ethereum, the main strategy is to short on rebounds around 2,130-2,150, with targets near 2,020-1,950.