In the afternoon, the price of $BTC saw a wave of mild volume expansion. It quickly fell and broke below 65,500 in the short term, hitting a low of 65,313. Then, #夏日创作营 saw a reduction in volume and came to a stop there, failing to probe further lower. After that, it rebounded with consecutive small bullish candles and regained above 65,500, but the rebound strength was weak and the trend remained slow. This round of volume-backed pullback put the effectiveness of the 65,500 support to the test. Although the core support zone of 65,000–65,500 has not yet been completely lost, the first line of defense has been shaken.

If the price of $ETH continues to maintain a weak rebound, and once the core support zone is effectively broken, then this round of the upswing to higher levels will form a large-cycle double-top structure with the previous 67,255 high. However, the current 4-hour structure is still intact. As long as the core support zone has not been effectively penetrated, there is no need to adjust the approach for now. Continue to focus mainly on pullbacks with mild depth, and wait to make further follow-through after stabilization signals are confirmed. In the afternoon, only followed down passively; the lower levels were not refreshed, so there is no need to adjust the thinking either. Keep an eye on the support below as well.