$BTC Current price 63,988, down 1.48% over the past 24 hours. After pressure at the high, it pulled back; in the short term, the moving averages have turned downward. The price has broken below MA5 and MA10 and is now ranging around MA20, with a tug-of-war. Near-term resistance is 64,710 above; the key support below is 63,600. The SuperTrend defensive level is 60,621. The MACD red histogram has narrowed, and bullish momentum is clearly weakening. The market has shifted from rebound upward into a high-level consolidation phase.

$ETH Current price 1,913, up slightly against the trend by 0.39%, but it remains in a deep retracement zone about 61% below the all-time high. Its independence is limited, and no systemic capital inflow has been seen yet.
Overall liquidity looks cautious: stablecoin net inflows are low, and altcoins lack the momentum to follow. Bitcoin’s dominance is clearly evident. Combined with the macro backdrop of a sharp rise in the Federal Reserve’s probability of a rate hike in September, risk assets face short-term suppression from tighter liquidity expectations.
If $BTC holds the 63,600 support, the market will keep trading in a box range; once there is an effective breakdown below it, the room for a short-term pullback will open further.
Keep looking for a bearish move from the bottom toward 40,000 to 50k.