Bitcoin and Ethereum came under pressure and pulled back after probing the resistance zone to the upside, forming a technical retracement. On the one-hour timeframe, Bitcoin showed signs of slight stabilization after pulling back to the middle Bollinger Band. This correction was within expectations. Upside momentum had already been gradually weakening, leaving limited room for a further advance. I had originally expected the price to move down and test the key support below, but the current retracement has been weaker than expected. At this stage, the market has yet to show an effective breakdown signal, higher lows continue to form, and the short-term bullish structure remains intact. The short-term trading approach remains unchanged. First, look for a pullback; short-term support is currently around 637 and has not been broken. Once stabilized, the price should continue higher toward 650-655. Ethereum has been relatively weak, while its range has continued to contract recently, making it easy for a single pullback to erase almost all of its short-term gains. Ethereum should therefore continue to be treated as a small-range swing trade. The market offers limited room for operation, with daily fluctuations mostly remaining within a range of several dozen points. At present, the daily Bollinger Bands continue to narrow, keeping the entire market confined to a fixed range and making a major move unlikely. In terms of trading, focus on whether the support below holds. As long as support is not breached, a pullback is an opportunity to go long with the trend. For now, look toward 1920-1940, while strict risk management and defensive measures are essential$BTC ‌$ETH ‌

8.18 ETH Analysis Analysis: Short ETH on a rebound near 1910–1920, with a stop-loss at 1940; first target 1880, second target 1870 On the ETH 1H timeframe, the price faced resistance at the period high of 1918 and pulled back, with the hourly candle closing bearish and moving downward. The current price has fallen below the moving averages. MA7 is turning downward, forming short-term resistance. Short-term selling pressure is concentrated in the 1910–1920 range above, with clear signs of resistance at the previous high. The MACD lines are both turning downward, with green bars emerging, indicating waning bullish momentum. The pullback structure after the surge has taken shape, and the current mild consolidation is merely a brief pause during the decline. #Gate7天净流入全球Top3 $ETH ‌ ‌

Bitcoin is still in a pullback phase. The hourly and weekly charts show that the highs and lows are rising, the center of gravity is moving upward, and support at lower levels is continuously strengthening. If it can hold above 64,000, this will be more than just a rebound—it would mark a reversal. The short-term pullback is a period of consolidation after the rise. Support is seen at 63,800 for Bitcoin and 1,885 for ETH, and the current retracement remains within a controllable range. The strategy is to follow the trend, going long near support on pullbacks and seizing good entry opportunities. #Gate事件积分系统上线 $BTC ‌$ETH ‌