At early this morning, BTC surged higher and touched the high at 64,950, then closed slightly bearish and struggled upward; afterward, it pulled back to the low at 64,200. By early morning it surged again and hovered around 65,130, followed by ETH moving in sync. ETH pushed up to 1,887, near the upper Bollinger Band line, then slightly retreated and closed bearish to 1,860. Currently, it is consolidating around 1,884.

Yesterday’s trading plan for BTC: opened at 63,138 (Kong Dan), exited at 62,200, capturing 938 points. In the afternoon, opened again at 62,299 (Kong Dan), exited at 62,838, capturing 539 points. Late in the evening, based on further news, opened at 62,827 (Duo Dan), exited at 63,776, capturing 949 points. For ETH: opened at 1,755 (Duo Dan), exited at 1,789, capturing 34 points. Late again in the evening, opened at 1,797 (Duo Dan), exited at 1,857, capturing 60 points’ room.

Current price is running tightly just below the upper Bollinger Band, with a relatively large deviation from the Bollinger middle band, indicating an inherent technical need for a pullback and repair. In the short term, resistance is 65,066 (today’s high). The first support is 64,250. In the medium term, support is the Bollinger middle band at 63,660. If the price undergoes a mild pullback with volume continuously shrinking throughout, BTC holds 64,250 and ETH holds the core support zone at 1,834, and there is no heavy sell-off with increased volume—then sideways digestion of short-term profit-taking will continue, and a second push toward today’s highs at 65,066 and 1,888 may follow. If resistance breaks to the upside on increased volume, price will extend toward the upper Bollinger Band at 65,538 and 1,921. Only if overhead selling pressure continues to release, while the body breaks below 64,250 and 1,834 key supports, and simultaneously volume expands in sync—then long positions’ backing funds may run out, and price will revert toward the Bollinger middle band for repair, leading to a further pullback toward the early-morning breakout low zones at 61,854 and 1,755.

Wednesday’s morning outlook:

BTC: 65,100–65,400 near Kong, target 64,000

ETH: 1,900–1,930 near Kong, target 1,800