Looking at ETH’s recent price action, it is difficult for it to stage an independent strong rally. In an overall weak market environment, ETH is more likely to continue its downward trend The price has repeatedly attempted to recover upward, but has never managed to hold above resistance. Trading volume has continued to shrink during rebounds, and sharp rallies followed by pullbacks have become the norm. The daily downtrend channel remains intact, bearish momentum has not been fully released, and considerable overhead supply has accumulated from previously trapped holders. Every rebound will face selling pressure The four-hour chart is in a consolidation phase, but this sideways movement is more likely a continuation pattern within the decline rather than a bottoming signal. The sustainability of a short-term rebound is difficult to guarantee, so the preferred strategy is to follow the trend and prioritize short positions, patiently waiting for a suitable entry during a rebound Trading suggestion: Short near 1895–1920, targeting 1870–1850, with further downside to 1820 and 1750 if those levels break #区块链 $BTC $ETH $SOL

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$BTC Consolidates Near $63,000 as Weekend Trading Remains Quiet** Bitcoin is trading in a narrow range around $62,900 on August 16 as weekend liquidity remains thin and the market continues digesting this week's post-CPI pullback . The leading cryptocurrency is down approximately 2.85% over the past seven days, with spot Bitcoin ETFs recording their first back-to-back outflow sessions since late July . Trading volume has dropped notably to around $8.37 billion, reflecting the typical weekend slowdown, and analysts suggest today's price action is more about consolidation than establishing a clear directional trend .