$BTC $ETH 7.28 Early-morning BTC/ETH breakout thoughts

Within the day, the order book showed a pattern of first suppression and then rebound. BTC pulled back to a support zone, then stabilized and rebounded; the shorts kept pressing but failed to break to new lows. The strength of bid support below was evident. After a continuous drop, the short momentum gradually drained, and in the short term it entered a consolidation and repair phase. The pullback mainly served to flush floating positions, and opportunities for a long-side offensive are gradually emerging.

From a weekly chart perspective, the coin price is holding above the lower Bollinger Band, and the previous low has already been validated as bottom support. The current price is deeply trading below the middle band, and together with an oversold indicator resonance, there is a strong expectation for mean-reversion repair. Short momentum is clearly weakening, and longs have room to catch up on additional gains. In terms of strategy, take a light position to bet on a rebound first—don’t rush to chase. Wait for a confirmed hold above the middle band before adding on the right side. If the defense level is broken, remember to cut losses decisively—don’t stubbornly hold.
Trading ideas
BTC: pull back to 64300-64600 to go long, stop-loss 64000, target near 65200-65500;
ETH: coordinated with BTC, pull back to 1920-1950 for a low long, stop-loss 1910, target near 1970-2000.