After a four-hour bottoming and rebound, recovering the midline, the bulls failed to maintain the strong momentum and entered a high-level sideways consolidation. As the buying volume gradually weakens, the risk of losing the midline increases further.

Whether it is a preparatory reversal or a high-level pullback still requires pattern confirmation. The key support below remains the middle band of the Bollinger, which is also the dividing line between short-term strength and weakness. The Asian session may see a brief false breakout followed by a rebound, but the overall structure leans more towards being pressured and turning weaker, and the morning still favors a oscillation and decline.

BTC rebounds around 76,300-77,000, with a target of 75,300-74,000 below.

ETH rebounds around 2,340-2,380, with a target of 2,300-2,200 below.