$ETH ‌Still one of the most traded tokens. Standing strong alongside $BTC Bearish momentum for months now has us sitting at a pivotal point. Down or Up? ‌

8.4 Su Wan morning market analysis and trading ideas At present, BTC is still in the correction phase after a bullish trend. But it is worth noting that this adjustment is completely different from the previous slow grind bottoming that “trades time for space.” The current market shows a pattern of repeated choppy movement and step-by-step correction. Don’t underestimate this kind of repeated volatility—it is actually continuously reinforcing the bottom structure. BTC: go long near 62,800-63,300, target 64,300-65,200. ETH: go long near 1,850-1,830, target 1,880-1,910. $BTC $ETH #比特币小额转账创FTX崩盘以来新高

8.4 Tuesday morning Bitcoin and Ethereum market analysis and trading recommendations A new day resonates with good luck! Looking back at yesterday’s overall market, it saw a V-shaped reversal structure: first suppressed, then rebounded sharply, but met resistance at the highs. The white-blue market continued its decline, probing the low point near 62,200; after touching a key support zone, the downtrend temporarily eased. In the evening, the head of the market gained momentum, kicking off a round of rebound and repair. After breaking upward to challenge the 64,000 level in the early hours, pressure became evident and a small pullback has already appeared. Yesterday, the market’s layout was mainly about taking advantage of the rebound: throughout the day, the big coin (BTC) collectively captured 2,106 points+ and the second coin (ETH) collectively captured 40 points of space. If you can pinpoint the key levels, there is opportunity for both sides—you just need to see whether you can seize it. From the current overall market structure, resistance overhead is strong and suppressive. Rebound momentum is gradually exhausting, and in the short term there is room for the market to pull back further downward. On the daily timeframe: for multiple consecutive days, rebounds have been capped below 64,000, with clearly weak attempts to push higher; rebound highs have been stepping down, and the market’s downward pressure is gradually strengthening. On the 4-hour timeframe: a stepwise decline structure is obvious; then it followed with consecutive bearish closes and pullbacks. Selling pressure overhead is heavy, and the head has not managed to break out with a strong rebound. On the 1-hour timeframe: it formed a round of bottom-testing and rebound, but after the push up, follow-through buying was insufficient. Near 64,000, it repeatedly printed upper wicks, forming a pressure-and-pullback pattern. Meanwhile, the 62,500–62,200 support area has been retested multiple times; the probability of breaking it will increase. BTC: near 63,800 see a drop, target 63,000 → 62,200 ETH: near 1,875 see a drop, target 1,845 → 1,802 #Gate储备金率117%持续领先 $BTC ‌$ETH ‌