On Wednesday, the overall crypto market continued the structure from the day before: a standard sequence of weak consolidation through the Asian and European sessions, followed by an accumulation-led upswing in the US session. In terms of intraday trading conditions, BTC during the white session remained under pressure and consolidated. For a long time, the price stayed in a narrow sideways range of 64,390—65,260, with relatively subdued back-and-forth between longs and shorts. Only after US-session funds stepped up in the evening did the chart see a structural breakout rebound, with the coin price peaking around 65,589. ETH’s走势 was completely synchronized with BTC: it was weaker during the white session, building momentum through consolidation, then followed the bulls’ counterattack at night, topping out at the 1,946 level. Overall correlation was extremely strong.

From a technical-pattern perspective, on the four-hour timeframe there was a clear shift in sentiment: after the earlier two bearish candles used up momentum to shake the market out, it then turned into two consecutive, solid bullish-bodied candles rebounding. Support levels moved steadily higher. The Bollinger Band channel opened upward, and repeated tests of the lower boundary of the range failed to produce an effective breakdown, indicating that short-side momentum has exhausted. The current market is not a strong one-way trend; instead, it is a sideways-to-weaker momentum-building environment, with a long-side repair行情 characterized by repeated detours and rising lifts. On the hourly timeframe, it also formed a consolidation-and-accumulation structure, followed by a breakout-and-lift structure. The coin price is currently running close to the upper Bollinger Band; short-, mid-, and long-term bull alignment remains intact and complete.
BTC pull back to around 64,500-64,000 and go long, targeting 65,800-66,800 above
ETH pull back to around 1,890-1,860 and go long, targeting 1,970-2,040$BTC $ETH #BTC反弹触及65000美元