Bitcoin $BTC failed to hit a lower low yesterday, indicating that the downward momentum has weakened. The key today is whether the support of 660 can be stabilized, because Bitcoin has rebounded near this position in the past two days.

However, the current short- to medium-term trend is still bearish unless the price can stabilize at 670. The current adjustment range cannot yet confirm the bottom. The short trend is gradually forming, and unless there is an obvious signal of change, the short trend will continue.

The pressure line is 677-683, and the small support level is 660. It depends on whether Bitcoin can stand firm at 670 and further break through 680, which may reverse the current short trend. On the contrary, if it falls below the key support level of 640, the downside risk will further increase.

On the latest daily chart, Ethereum $ETH shows a negative line with a lower shadow, indicating that the market experienced greater pressure that day. Nonetheless, trading volume was essentially the same as the previous day, meaning the market's trading activity did not change significantly.

This pattern shows that the seller was once dominant, but the buyer had a certain ability to take over the support area below, causing the price to rebound at a low level. This may imply that there is some support for ETH price in the short term, but subsequent trends still require attention to the gains and losses of key support levels and changes in trading volume. $BNB #币安合约锦标赛 #美国5月CPI超预期回落 #ZKsync空投争议 #IO #美联储何时降息？