Defined Bitcoin as an alternative to monetary systems in which central banks and governments can create more money. Bitcoin's supply rules cap the total supply at 21 million Bitcoin, but new Bitcoins will continue entering circulation through mining until the maximum supply is reached.#GateLaunchpool141MDOS $BTC

Focus on the 4435–4440 resistance range intraday, with the key strong resistance at 4450, the high of this morning’s rebound. On the downside, first watch the battle around 4400. If 4400 breaks, the market will further pull back toward the 5-day moving average around 4380, which is also the low of last night’s retracement after the data release. If support at 4380 fails to hold, the correction could extend to 4350–4320. Give priority to the 4350–4345 range below. If the price falls back here for the first time, consider cautiously taking a small long position. $BTC $ETH $XAU

8.13 Latest Bitcoin and Ethereum Analysis Reviewing the evening market, Bitcoin began consolidating sideways after touching the 632 bottom support, and so far only reached around the 639 high; ETH moved in sync with Bitcoin, rebounding to an intraday high of 1900 after touching the 1872 bottom. As mentioned in the evening analysis, if the support below is not broken, the price may consolidate and rebound slightly. The current rebound targets have now all been reached. Analysis‖ From the current chart, the price stabilized and rebounded after touching bottom support on the four-hour timeframe, but each attempt to test the Bollinger middle band was met with resistance and a pullback. The overall weak structure has not been reversed, and rebound highs continue to move lower step by step. However, the downside space is relatively limited, and the market will most likely test the bottom support again. Only an effective break below this level would trigger a deeper correction; if the support holds, a new round of slight recovery and rebound will follow. Switching to the one-hour timeframe, the Bollinger Bands are narrowing downward, limiting the upside rebound space. Market highs and lows continue to decline, and short-term volatility is expected to remain compressed. The room for operation is limited, so wait patiently for the market to choose a direction before a larger move is released. In terms of execution, focus on the strength of the pullback, maintain proper risk controls, and position flexibly. Bitcoin: Short around 640, targeting around 632–625. ETH: Short around 1900, targeting around 1860–1840.$BTC $ETH