April 2nd BTC/ETH Bearish Outlook

Analysis
BTC's current rebound reached 68,671. The 69,000-69,500 range above forms a strong resistance zone. Multiple attempts to break through have failed, and overbought signals continue to appear on the technical charts, with the rebound momentum gradually weakening. In terms of volume, the recent rebound did not see a corresponding increase in trading volume, indicating insufficient buying interest at higher prices and a lack of sustained upward momentum. Coupled with the profit-taking pressure from earlier gains, there is a strong short-term need for a pullback. ETH moves in perfect tandem with BTC, rebounding to 2,125.86. The 2,150-2,200 zone above is a dense resistance area. Although ETH's upward momentum is strong, it lacks independent strength; once BTC faces resistance and pulls back, ETH will likely weaken first. The short-term bearish outlook is clear.

Trading Suggestions
BTC
Enter: Short at 68,800-69,000
Target: 68,000-67,500

ETH
Enter: Short at 2,130-2,150
Target: 2,100-2,080