Bitcoin remains generally weak, with the four-hour chart returning to the consolidation range but not breaking the midline. The rebound is not confirmed, and short-term upward momentum is unlikely to continue.

Technically, the trend remains unchanged until the price stabilizes above the midline of the range. Only a confirmed breakout above this level could signal a change in the oscillating structure.

In the early hours, a rebound to 69,990 faced resistance and pulled back. The 70,000 level still acts as a significant resistance. The rebound momentum is insufficient, so it’s preferable to short on rebounds.

Bitcoin: Short around 69,200-70,000, target 67,500-65,800

Ethereum: Short around 2,090-2,140, target 1,980-1,850$BTC $ETH