Market analysis: BTC is currently in an upward-converging wedge-shaped channel, with overall consolidation leaning bullish. The highs are gradually moving up, and the lows are rising in sync. This is a consolidation-and-cumulation phase, and the market has not yet broken out into a one-way trend.


The clear short-term resistance zone is 65670-66100, which is a double-pressing area along the upper wedge trendline and the key breakout/invalidition point for the bulls in this round.
The core short-term dual support is 63642 and 62516, which also aligns with the Fibonacci 50% retracement level—this is the trend lifeline for this round of rebound.

For ETH on the 4-hour timeframe: near-term resistance is 1890; the key medium-term resistance is 1950. Near-term support is 1840-1804. As long as the pullback does not break 1840-1804, the rebound structure remains intact, and it can still attempt to push toward 1890/1950. The core trend lifeline is 1780. If 1780 is effectively broken to the downside, this round of complete rebound trend will be considered over, and the market will turn into a downside move.

Trading suggestions: For BTC, consider going long on a pullback around 64600-64100, with a stop-loss at 63600. Targets are 65600-66100. If it breaks through, look for 66700; if it does not, go short.
Trading suggestion for ETH: go long on a pullback around 1865-1845, with a stop-loss at 1820. Targets are around 1910-1934. If it breaks through, look for 1976; if it does not, go short. (Strategy is for reference only.)#BTC #ETH
BTC0.87%
ETH1.81%
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