August 20 BTC and ETH intraday BTC has staged a strong rally, rebounding from around 64,100 and rising rapidly in the short term. The daily chart is forming an inverse head-and-shoulders pattern, with the price gradually approaching the previous resistance zone near 70k. The drivers of this rebound are clear: the U.S. Treasury has increased its long-term bond buybacks, suppressing long-term U.S. Treasury yields and weakening the dollar. Market risk appetite has recovered, while concentrated short liquidations have added to the positive catalysts, creating a confluence of favorable factors that has fueled a broad rebound in crypto assets. The key intraday variables to watch are the Federal Reserve meeting minutes, fluctuations in U.S. Treasury yields, and the performance of U.S. technology stocks, which will directly dictate the short-term pace. BTC: pullback to 67,500; stabilization at 68,000, then target 70,000 and 71,500 ETH: pullback to 2,180; stabilization at 2,220, then target 2,300 and 2,350 #BTC升破70000美元日内涨幅8.3% $BTC

Starlink BTC Structural Analysis — August 20, 2026 【Today's Core Anchors】 First long entry zone: 68500 - 69200 Long extreme defense: 66800 First long target: 71000 - 72500 Long extreme target: 74000 BTC rose straight from below 64000, surging to 70450 in a single large-bodied bullish candle, without even giving anyone a chance to enter on a pullback. A rally of this magnitude is definitely not driven by retail sentiment, but by a substantive shift in macro expectations. The implementation of the bill means the regulatory framework is beginning to become clear; although the struggle over the Middle Eastern straits is still ongoing, in the eyes of major capital, geopolitical risk aversion has already been replaced by the certainty that comes after the “shoe drops.” Real money has been poured in, and the high-volume breakout candle at 64000 directly cleared out all the trapped short positions opened around this level. The fact that major capital dared to break decisively through 64000 on heavy volume shows that they have already understood the longer-term upside. In a market move involving a “historical platform breakout” of this kind, you cannot trade it using your usual range-bound thinking. The price is now around 69700, and today's and tomorrow's core rules are very simple: First, do not chase longs at an intermediate level like 69700. A vertical 6000-point rally in one direction will inevitably need 4 to 8 hours or even an entire day of sideways consolidation or a pullback to digest the profits held by bottom buyers. If you enter now, the market maker only needs to pull back 200 or 300 points for your mindset to collapse instantly. Second, the level for buying longs on a pullback. If the price pulls back into the 68500 - 69200 range and does not break straight through it, but instead holds and then rebounds slightly, this will be the most comfortable entry level today. Set the stop-loss uniformly at 66800. If the price decisively breaks below 66800, it means today's bullish candle was a false breakout, the logic has failed, and you should accept the loss and exit immediately. Third, what should you do if there is no pullback today and the price breaks the previous high directly? If it consolidates around 69700, refuses to fall below 69000, and then breaks above 70450 on heavy volume, chase longs on the right side when the price breaks above 70450 and pulls back to around 70000. In this kind of strong, one-directional market, chasing on the right side is much safer than stubbornly waiting on the left side. There is no need to fear missing out today. Breakouts from major platforms like this are market moves driven by institutions deploying several hundred million, so the upside afterward will not be limited to just a few hundred points. Enter when the level is given; otherwise, just watch it perform. The macro news is still unfolding, and Bitcoin's true acceleration phase may have only just begun.#BTC升破70000美元日内涨幅8.3% #Strategy涨近12% $BTC ‌$ETH ‌

BTC staged a strong bullish surge. Yesterday, the strategy remained firmly bullish throughout the day, and early this morning, I likewise reminded everyone not to go against the trend by trying to call a top and short; prioritize buying on pullbacks. Zhilian entered a BTC long at 67936 and took profit at 69381 this morning, capturing a 1445-point gain. After the sharp rise, a new structure is now forming. Wait for the pullback correction to finish, then continue following the bullish trend. Trading with the trend is the only way to go in the long run. #BTC升破70000美元日内涨幅8.3% $BTC ‌$ETH ‌