8.6 Evening Bitcoin and Ethereum Market Analysis The intensity of this evening's pullback is not particularly strong for now; it can only be said that the bears are willing to test the strength of the support below. The MACD death cross continues on the 1-hour chart, with the fast and slow lines continuing to diverge downward. Bearish momentum is still being released, which is the prevailing backdrop at present. KDJ is also continuing to spread downward, but oversold signals are beginning to emerge, and the risk of chasing shorts in the short term is accumulating. Although the bears currently have the initiative, they have not shown overwhelming strength. If this moderate increase in volume continues for a long time while KDJ approaches oversold levels, it could instead easily trigger a technical rebound. Ethereum is also showing little movement at present and may not necessarily produce another volume-driven rebound like yesterday's, so we still need to wait for the market to release a clear signal. The key tonight is whether the 64000-63800 range can hold. If the price only pulls back to around 64200 and stops falling on declining volume, a short-term rebound can be expected, with the initial target being a return to 65000 or even higher. Otherwise, the bears will directly affect the short-term rebound trend and then damage the bullish structure. Overall, it is best to wait for the U.S. stock market to open. Without any news-driven stimulus, the U.S. market open has still had an impact in recent days. If the market stabilizes and rebounds, those going long should pay attention to the 65000-65500 range; do not rush to follow unless there is a breakout accompanied by increased volume. For Ethereum, the main support below is still around 1890, while the upside needs to break through 1940. As for the market pulling back first, there is no need to rush in. Without volume supporting a break below the support level, it can easily turn out to be a false signal.$BTC #MoonshotAIPreIPOs开启 $ETH

See through the surface to understand the true market structure, and do not be misled by short-term price movements. On the four-hour chart, a pattern of consecutive bullish candles engulfing consecutive bearish candles emerged earlier, making the bullish momentum look strong. However, the price has consistently failed to break through the upper Bollinger Band, with no substantive breakout forming. Prolonged unsuccessful attempts to challenge resistance have exposed heavy overhead selling pressure, while the bulls’ ability to sustain the uptrend is seriously insufficient. MACD is operating below the zero line, and bullish momentum is gradually weakening. This attempt to move higher is more likely a bull trap, with a correction highly likely ahead. Continuing the midday strategy, prioritize short positions at higher levels; the move higher is a bull trap, so follow the trend and seek a correction through shorting at higher levels. #区块链 $BTC $ETH $SOL

From the lower-timeframe structure, BTC has effectively broken above this downtrend line and completed a retest to confirm support. If considering short positions going forward, focus on the 65,600–65,800 range above. This area is resistance converted from previous support and has strong selling pressure. $BTC $ETH