Bitcoin weakened this morning, continuing yesterday's downtrend. After opening, it rebounded slightly to around 70800 but faced selling pressure and declined throughout the day, hitting a low near 70300. Currently, there's a slight technical bounce, but the momentum is limited, with the price remaining in a narrow range around 70500. Ethereum's movement is consistent with Bitcoin, once recovering to around 2170 before facing selling pressure and declining. Short-term resistance emerged near 2145.
Overall market outlook remains bearish short-term.
From the daily timeframe perspective, Bitcoin f
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