Bitcoin is showing a overall oscillating downward trend, starting to decline from the high of around 68,200 early this morning. During the oscillation, it gradually broke through short-term resistance levels, with the lowest dip reaching the 65,056 area. Ethereum's movement is highly correlated with Bitcoin, simultaneously starting a downward trend from the high of 2085 and dropping to the low of around 1980. Throughout the process, it exhibits a weak follow-through pattern, highlighting the market's linkage.

On the daily chart, the downward channel continues to expand in an orderly manner. After experiencing a short-term weak rebound and completing a sufficient trap to form a top, the market has successfully shifted to a steady oscillating downward rhythm. The bearish momentum is gradually releasing, driving the moving average system to form a synchronized resonant downtrend. This pattern indicates that the market trend has clearly reverted to a bearish dominance, and this downward trend is likely to be persistent with a solid structure. The four-hour chart continues to show a weak decline, with prices steadily moving along the lower boundary of the channel, demonstrating a one-sided weak downward technical characteristic, further reinforcing the daily trend foundation. Currently, the market rhythm indicates that bearish forces are still accumulating. The short-term rebounds are not trend reversals but typical trap-and-shakeout moves, mainly aimed at building momentum for further declines. Today's early operations will still focus on rebound-based short positions. #贵金原油价格飙升 #比特币避险属性