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Currently, Bitcoin and Ethereum are both weakening in sync, showing a overall downward trend.
$BTC Bitcoin is currently around 88,700, having broken below the lower band of the Bollinger Bands. Short-term support can be watched at the previous low of 88,500. If it breaks below, further decline may occur; resistance levels are at the middle Bollinger Band of 89,300 and the upper band of 89,600. Trading volume has significantly shrunk compared to earlier, indicating that while selling pressure exists, buying interest has not actively entered.
$ETH Ethereum is currently at 2,940, with a trend highly similar to Bitcoin, also breaking below the lower Bollinger Band. Short-term support is at 2,915, with resistance at the upper Bollinger Band of 2,970.
Overall, both major cryptocurrencies are in a short-term correction channel, and market sentiment is cautious. If they can stabilize at support levels later, there may be a rebound opportunity; if support is broken, further downside risk should be watched carefully.