$BTC Your big brother is still your big brother. Yesterday saw a volume-backed big bullish candle and firmly held above 64000. The rumors I spread a couple of days ago make me look a bit foolish. 1. Yesterday’s volume-backed big bullish candle had a trading volume of 14,255 BTC, three times the 3,000–5,000 seen in the previous few days. This is a genuine breakout, not a false rebound. It looks like the range will be broken and a direction chosen in the next few days. 2. 64000 has turned from resistance into support. Yesterday’s close held above it, and after reaching a high of 64452 in early trading today, the price has held sideways without pulling back. 3. Later, we can check the ETF buying data. If buying keeps up, the reversal will be confirmed. Leverage had already warmed up yesterday (OI recovered last week), and today’s volume-backed breakout indicates that funds are entering. 4. It’s quite surprising to see such a strong breakout during a macro vacuum period, since this range is packed with positions and the battle between longs and shorts is extremely intense. Everyone, don’t rush. We still need to wait for a retest of 64000 to see whether it can hold. Get on board only if it doesn’t break below. The battle between longs and shorts in this range is fierce, and the bears won’t surrender without a fight.

8.18 Bitcoin & Ethereum Morning Analysis After spiking to 64,600 overnight, Bitcoin met resistance and pulled back. It is currently in a high-level consolidation and recovery phase. Momentum has weakened following the sharp rise, with the price retracing toward the support near the middle Bollinger Band and Alligator line. In the short term, it has entered sideways consolidation and is digesting profit-taking above. The current pullback is a healthy correction within the uptrend, not a trend reversal. The overall bullish structure remains intact, with major players aiming to shake out weak positions rather than sell off. Such pullbacks after a sharp rise are often opportunities to buy the dip. As long as key support holds, the uptrend will likely continue after the consolidation phase ends. Trading suggestions: Go long directly if Bitcoin pulls back to around 63,900-64,200, with a stop-loss near 63,100 and targets at 64,500-64,800 in sequence. Go long directly if Ethereum pulls back to around 1,890-1,900, with a stop-loss near 1,850 and targets at 1,920-1,930$BTC $ETH

$BTC rose approximately 1.77% over the past 24 hours, while $ETH rose approximately 0.75%. The rebound structure remains intact, but both have pulled back from their intraday highs, so for now I’m only cautiously bullish and won’t say outright that there will definitely be a sharp rise tomorrow. Tomorrow I’ll focus on two confirmations: whether BTC can hold above 64,630–65,000; and whether $ETH can break above and hold 1,920. If both clear these levels, the rebound may have room to expand further; if they fail to break through after some time, they will most likely continue consolidating sideways. 📈 For BTC, first watch 64,000, then 63,200–63,000; for ETH, first watch 1,900, with the more critical level around 1,889. A pullback along the way would also be normal.