Looking back from the earlier period to the current market, BTC bottomed out at a low of 62505, while ETH fell to 1802 and then both stopped declining. Buy orders at the lower levels absorbed the sell pressure and pushed out a repair market, with the two coins showing clear divergence. BTC rebounded with stronger momentum, rising steadily to challenge the 64356 high. After touching resistance, the bullish volume weakened, and throughout the day it held a high-range sideways consolidation above 63347. ETH rebounded to 1855.9 and then faced pressure to fall back; it traded with reduced volume throughout, only oscillating back and forth within the narrow 1839-1856 range, with weak rebound momentum.



In the future, BTC’s overall “bottoming and rebound” structure remains intact, and in the short term it is in a buildup phase after an upswing. As long as the price continues to hold above the 63347 area, after consolidation and accumulation it will likely probe higher again, testing the 64147 resistance. If it breaks through with volume, it can once again challenge the previous high at 64356. If 63347 is effectively broken to the downside, the rebound rhythm of this round will be directly interrupted, and the market will pull back to test the 62547 support. Meanwhile, ETH’s larger-timeframe bearish structure has not reversed; this move is only a short-term repair after a big drop. If the price holds the 1839 level, it can only rebound modestly and probe the 1867 resistance, making it difficult to sustain an ongoing uptrend. Once 1839 is broken, this round of repair will be declared over, and the price will move down again to the 1811 low to seek support. Overall, in the short term BTC is relatively strong in range-bound trading, while ETH is weaker and range-bound. The line dividing market strength and weakness depends on each coin’s respective Bollinger middle band: if support holds, the repair-upside trend continues; if support fails, the market switches back to a falling/declining market.
Trading plan
BTC: near 64500-64800, take an order @ Target 63000
ETH: near 1850-1880, take an order @ Target 1800
BTC0.68%
ETH1.36%
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