Early morning Bitcoin retested the 63,500 support area and stabilized to move upward, short-term trading remains steady, and the adjustment rhythm is orderly; Ethereum is more resilient, currently consolidating around 1710. The current decline has completed the release of bearish momentum, and the subsequent rebound still has room to continue, so there's no need to be disturbed by minor intraday fluctuations.

From a cyclical perspective, after two consecutive days of gains, the daily chart shows a slight pullback, but the overall price remains within the low-range box area. The larger cycle price relies on short-term moving averages to steadily rise, and the oscillating upward framework has not been broken; the four-hour K-line relies on moving average support, with a bullish pattern prevailing. The current price swings around the starting point, but the downward space below has narrowed, so the short-term trend is primarily expected to recover and move higher. After touching the lower channel boundary, the price quickly rebounded, clearly indicating that the bulls used the pullback to complete a shakeout, accumulating momentum for subsequent upward movement.

Bitcoin in the 63,000-62,500 range is bullish, target 64,000
Ethereum in the 1,680-1,670 range is bullish, target 1,780#我的Gate交易时刻 $BTC ‌$ETH ‌