BTC remains under sustained short-term pressure and can’t break through 65,600-65,800. The weekly chart closed down and fell back: in the short term, it has entered a sideways pullback. If this week can stabilize above 65,600, next week is likely to be bullish. On the downside, short-term support at 64,200-63,800 should be watched. Current price is at the 65,600 resistance level area, standing at a critical decision point for the larger trend.

The weekly MACD stays in the bullish zone, with no bearish reversal. The medium- to long-term trend still leans toward range-bound upward movement. At this stage, it’s in a consolidation phase before a breakout.

For ETH on the 4-hour chart, price is inside an upward channel: the lows keep rising and the rebound trend remains intact. In the short term, the strong resistance is 1,945-1,963 (the channel upper rail + the earlier high-volume pressure zone). When price reaches this area, it will face heavy sell pressure. As long as the 4-hour chart does not break down effectively below 1,840, the structure of this rising channel remains intact, and pullbacks are opportunities to buy the dip. If it does break below 1,840, the rising channel structure is damaged and the trend shifts into a range-bound correction.

For Fibonacci, the rebound started from the 1,503.6 low in this leg. The key Fibonacci 0.5 level is 1,943.36, which lines up with the 1,945 resistance zone—creating a strong confluence pressure.

In terms of trading: for BTC, it’s suggested to go long on a pullback to around 65,100, with a defense/stop at 64,300. Targets are 66,300-66,700. If it breaks out/down, look around 67,300. If it doesn’t break, continue to hold and consider shorting no further.

For ETH, it’s suggested to go long on a pullback to around 1,875, with a defense/stop at 1,840. Targets are 1,905-1,915. If it breaks, look around 1,943-1,963. If it doesn’t break, hold the long. (Strategy is for reference only.)#BTC #ETH