Midday Market Analysis!

Bitcoin has already broken through two key support levels in a row, and the original bullish consolidation range has been disrupted, indicating a clear weakening trend. Currently, 66,077 is the strongest short-term resistance. As long as it cannot break above this level, a genuine rebound will be difficult.

In the short term, the price has tested the 64,721 support. If the rebound is weak and it cannot return to the consolidation zone, it is likely to retest this level again. Holding above it will result in sideways movement between 64,721 and 66,077; once broken, the next target is 62,836. As long as the previous low is not broken, there is still a chance for a recovery; if the previous low is breached, the downside space becomes unpredictable.

$BTC Trading strategy: A volume breakout above 66,077 can be followed long; a volume breakdown below 65,689 with a failed rebound can be followed short, remember to strictly set stop-loss. If the hourly chart stabilizes above 66,077, look for targets at 66,888-67,735; if the 4-hour chart breaks below 65,304, targets are 64,793-63,918 below.

Ethereum's trend is similarly weak, with support at 1,928 broken. Currently, it is trying to regain above 1,928. If it can close above, there is a chance to reach 1,985; if it cannot go higher, there is a support-free zone below, which will accelerate the decline, and 1,853 may not hold.

$ETH Trading strategy: A volume breakout above 1,935 can be followed long; a volume breakdown below 1,917 can be followed short. A successful retest of 1,877 support can be bought long, with a stop-loss below 1,847; near 1,995, a light short position can be taken, with a stop-loss above 2,038. An aggressive left-side order can be placed at 1,835 for long positions, with a stop-loss below 1,794. If the hourly chart stabilizes above 1,935, targets are 1,969-2,002; if the 4-hour chart breaks below 1,915, targets are 1,860-1,825.

Summary: Bitcoin at 66,077 and Ethereum at 1,935 are the key levels dividing bullish and bearish sentiment today. Only if they hold steady can a rebound occur; if broken, the weakness will continue.