4-hour cycle: The deep pullback repair phase has ended, and the downside momentum has been fully released. After the coin price holds key support, it has traded sideways in a prolonged consolidation; the rebound trend has not been broken. During the adjustment period, the market action was healthy—there was no sharp spike and dump, and gains were not significantly given back—showing strong buy-side demand, making it difficult for bears to shake the bullish structure.

Hourly cycle: Bull momentum reserves are sufficient, and upside room is open. After a period of tight-range consolidation, the market’s positions have been thoroughly exchanged; sell pressure has been cleared, the price center of gravity has been rising steadily, and bull-rebound conditions are mature.

Overall assessment: The market keeps oscillating but there is no top signal; the current consolidation is building energy and brewing a new trend. Short-term consolidation serves as a setup, and afterward it may break into a one-way uptrend.

BTC pullback near 63,600–63,000, then bulls look toward 64,200–65,500.

ETH pullback near 1,810–1,780, then bulls look toward 1,840–1,950.