Bitcoin Market Analysis: 1-hour chart trend structure, has formed a complete upward channel from the low point of 59,078. Currently, the price is above the key resistance zone of 64,700-65,200, which has shifted from previous resistance to strong support; the lower trend line defense level is 63,700. As long as the pullback does not break below 64,700, the bullish rebound structure remains intact, with the upward target first near the Fibonacci 61.8% level at 68,450; if it effectively breaks below 63,700, this upward channel will be broken, and the market will return to sideways decline.



Ethereum weekly and daily charts show that it is currently in a rebound phase, but the overall trend has not been completely reversed. Yesterday’s break above 1,800 was just a spike breakthrough and did not stabilize. To continue upward, it is likely to pull back and consolidate in the short term. On the 1-hour chart, the core support zone is at 1,708-1,726. Holding this zone, the rebound will continue, with the next upward target around 1,900. If it falls back and breaks below 1,708, the rebound structure will be invalidated, returning to low-range oscillation.

Intraday short-term trading suggestions: Buy on dips near 65,300-65,700, with a stop at 64,500, target near 67,240-67,580, and if broken, look for around 68,110; if not broken, consider shorting.

Ethereum trading suggestions: Buy on dips near 1,750, with a stop at 1,708, target near 1,817-1,850, and if broken, look for around 1,900; if not broken, consider shorting. (Strategy for reference only) #BTC #ETH
BTC0.36%
ETH3.04%
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