Early morning Bitcoin retraced to 64,000, Ethereum synchronized with a pullback to 1,720, touching the intraday support area before stabilizing and rebounding. The long-term upward trend in the current market has not been broken, and the pullback to support areas is an opportunity to go long.

The hourly level is steadily operating near the middle band of the Bollinger Bands, starting the rebound from the low point, with the low point continuously rising, and the bottom range after the decline has been stabilized.
The 4-hour cycle trend has stabilized above the 63,700 support, with the short-term resistance zone at 64,400-64,700. As long as the price holds above the 63,700 support zone, the current rebound structure will not be broken, and there is still potential to test the previous high upward.
In the short term, slight fluctuations are normal in an upward trend, and each pullback can quickly stabilize. There has been no significant breakdown downward, indicating that the bulls are gradually regaining control of the market.
The intraday sideways consolidation is just a correction of short-term indicators and has not changed the overall rebound direction. Pullbacks to support are opportunities to enter long positions.
Bitcoin: 63,700-64,000 zone, target 65,400→66,300
Ethereum: 1,715-1,730 zone, target 1,760→1,800
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