Currently BTC is consolidating around 64,500, while ETH is moving up and down around 1,870. It can be seen that the pulse-like rally driven by favorable CPI news is likely coming to an end, and the market is shifting from sentiment-led moves to technical corrections.


From the current market picture, BTC has broken out of the prior consolidation range and is holding above the 64,000 level. The Bollinger Bands are opening upward and fanning out; the price is trading near the upper band, indicating relatively strong short-term bullish momentum. The moving averages are aligned in a bullish arrangement. The 62,000–64,000 range has formed a strong support band. Next, the key focus is whether BTC can break through 65,000. Earlier today, ETH surged up to around 1,896 and then pulled back—this is normal rest and consolidation after a big move up. Currently, 1,850 is the short-term line that divides strength and weakness. If the pullback doesn’t break it, the bulls will once again attempt to push through the 1,900 level, approaching the 1,950 area. So the trading idea remains centered on buying the dip after a pullback.
Go long BTC in the 64,500–64,000 range in the afternoon, targeting around 66,000
Go long ETH in the 1,860–1,840 range in the afternoon, targeting around 1,950#百万充值补贴 $BTC $ETH
BTC-0.41%
ETH1.77%
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