Bitcoin Market Analysis: On the 4-hour chart, the current price movement is forming an oversold rebound wave structure, with 63,700-64,200 being the key support level for this rebound; because wave 4 cannot fall below the high point of wave 1, if it effectively breaks below this range, the current upward wave 5 structure will be invalidated, and the market will revert to a weak decline; holding this support may allow a challenge upward toward the strong resistance of 67,500-68,000.



Ethereum Market Analysis: On the 1-hour chart, it has recently entered a new consolidation zone between 1,700-1,800, indicating signs of bottom accumulation and increased rebound strength; the short-term critical level is 1,695, and holding above 1,695 suggests a rebound toward 1,792-1,900; breaking below 1,650 would damage the bottom structure, leading to a return to weakness and a move down to 1,600. The MACD indicator shows a bullish crossover and upward movement, with bullish momentum gradually releasing, and bottom support strengthening.

Intraday Short-term Trading Suggestions: Buy on dips around 64,600-65,100 for Bitcoin, with a stop loss at 63,700, targeting around 66,800-67,100; if it breaks above 68,000, consider shorting if it does not break.

Ethereum Trading Suggestions: Buy on dips around 1,690-1,705, with a stop loss at 1,660, targeting around 1,767-1,795; if it breaks above 1,817-1,837, consider shorting if it does not break. (Strategy for reference only) #BTC #ETH
BTC1.48%
ETH2.01%
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