BTC and ETH are both in a relatively strong market with a bottoming-and-rebound trend overall, with ETH showing relatively stronger trend.



BTC surged to around 65,000 on the 4-hour chart, exactly hitting the prior swing high resistance area. It already spiked and then pulled back on the 1-hour chart, so there’s a near-term need for a pullback to digest. For support below, first look at 64,000-64,200. If it holds, it’s still within the rebound rhythm; if it breaks down, it will most likely retest around 63,500.

ETH’s rebound strength is stronger. It has already reached the 1,890 area resistance. The 4-hour rebound structure is more stable. Support below is around 1,850-1,860.

In terms of trading, don’t blindly chase price. It’s more prudent to buy on pullbacks at the corresponding support; if BTC faces pressure above 65,000 and ETH can’t get through the 1,890-1,900 area, you can consider a small-position short. Control your position size well and be sure to use a stop loss. $BTC $ETH
BTC-0.20%
ETH-0.16%
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