8.11 Afternoon Bitcoin and Ethereum Market Analysis Obviously, Bitcoin’s oversold recovery from the early hours through the morning was handled through low-level oscillation and consolidation, trading time for space. It basically fluctuated within a narrow range around 64,000, indirectly reflecting that the rebound recovery lacks sufficient strength. Ethereum is likewise consolidating through oscillation, also trading around the 1,870–1,880 range. Distinguishing opportunities from temptations is key to moving forward over the long term. Only opportunities with a clear outline and matching conditions are worth seizing; entering solely on impulse is usually just a trap designed to lure people into a fall. From a one-hour technical perspective, Bitcoin’s bearish structure was initially established by last night’s consecutive bearish decline. The current price remains in the stage of an inertia-driven decline after breaking below 64,500. At the same time, 64,500 has shifted from support to direct resistance, while the downside lacks clearly identified support. This means that once short-term selling volume increases, the bears are more likely to extend the downside; if the 63,500–63,700 range fails to hold, the price may further test the 63,000 level. The middle and upper Bollinger Bands are continuing to press downward, while the lower band has turned upward and the three bands are narrowing, indicating that the short-term market-turning window is quietly approaching. Overall, the bears have the upper hand; with resistance overhead, continue to follow the trend and take short positions. The same applies to Ethereum, with the downside area initially targeting 1,840–1,850. $BTC #Gate上线DOS瓜分Launchpool百万代币 $ETH

Reviewing today’s trend so far, the broader market is basically in a volatile state, fluctuating around 64,000 with rises and falls of no more than 100 points, laying the groundwork for the next sharp rebound and rally, with the market action left for tonight. From the four-hour chart, the price trend has touched the area around the lower band, indicating that it has been continuously retreating and testing the bottom in search of a support level strong enough to trigger a rebound, leaving suspense for the subsequent market action. At present, there is not much of a trend to analyze; the focus is more on observing market changes. In terms of trading, prioritize long positions. BTC 63800–63300 long, target 64500–65000 ETH 1860–1830 long, target 1890–1920 #Pre-IPOs第三期KIMI今日开启认购 #Gate上线DOS瓜分Launchpool百万代币 #股票交易分享挑战

$ETH /USDT – Oversold and Testing Support – Reversal Time? (August 11, 2026) Price: $1,872.50 (-0.18%) **Range:** $1,863.00 – $1,880.99 What's happening? Ethereum is trading near the low of its recent range and is oversold in the short term. It's below all the major moving averages, which shows weakness, but RSI is now in the 33 zone — a level where bounces often happen. What to watch? · If ETH holds above $1,863, we could see a bounce toward $1,877–$1,900. · If $1,863 breaks, the next support is around $1,855 or lower. Momentum check: RSI(6) at 33 – oversold territory. A relief bounce is possible soon. My take: ETH looks tired but oversold. Watch for a hold at $1,863. If buyers step in, a short-term bounce could follow. If not, more downside ahead. #StockTradingShareChallenge