#BTC. BTC Market Structure: Bearish Bitcoin is currently trading under a bearish market structure, with sellers still controlling the broader setup. The key question now is whether BTC can reclaim the important resistance zone or continue forming lower highs and pushing toward deeper liquidity. Important levels to watch: 65,403 — Major resistance / previous higher high. A strong breakout and acceptance above this level would weaken the current bearish structure and could signal a broader recovery. 64,763 — Key resistance & structure reclaim level. This is the most important near-term level for bulls. Reclaiming and holding above it would improve market structure and reduce immediate downside pressure. 63,600 — Important pivot/support. Holding this area could provide a temporary base for a bounce, while losing it would increase the probability of a move toward lower support. 63,059 — First major support. If BTC breaks below this level with volume, sellers could gain stronger control and accelerate the downside move. 62,233 — Stronger downside target/support. This is the next major area to monitor if 63,059 fails. Buyers would need to defend this zone to prevent further deterioration. 61,820 — Major support. A decisive breakdown below this level would be a significant bearish signal and could open the door for another leg lower. Trading framework: Bullish scenario: BTC reclaims 64,763 and holds above it, then targets 65,403. A confirmed breakout above 65,403 would invalidate much of the current bearish structure. Bearish scenario: BTC remains below 64,763 and loses 63,600 → 63,059. A breakdown of 63,059 could bring 62,233 into focus, with 61,820 acting as the major downside defense. The key is not simply touching these levels — watch the reaction, volume, liquidity sweeps, and whether price can establish acceptance above or below them. For now, the structure remains BEARISH until Bitcoin proves otherwise. $BTC ‌

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Tuesday Summary, BTC and ETH Market Analysis and Trading Suggestions for Early Wednesday, August 12 Those who follow the trend achieve twice the results with half the effort, while those who go against it face difficulty at every step. Looking back at yesterday’s overall market, the bearish pattern continued. The market remained in low-level, narrow-range consolidation throughout the day, with limited volatility. In the evening, prices rebounded slightly upward to fill the FVG gap near 64700. After the rebound met resistance, the bears exerted force once again, and the market began moving downward, continually refreshing its lows. Bitcoin fell as low as 63200, while Ethereum dropped simultaneously to around 1852. Since yesterday morning, the strategy consistently called for shorting rebounds and establishing short positions. Zhilan’s live trades captured a total of 1171 points from Bitcoin shorts, while Ethereum simultaneously yielded 31 points. By identifying the overall direction in advance and patiently waiting for suitable entry opportunities, profits naturally followed. After the market broke below the key support level of 63800, this upward structure was disrupted, and the bearish trend continues. Patterns across all timeframes have weakened simultaneously, so we will continue to look for the bears to test lower support levels. Daily timeframe: Solid bearish candles with relatively long upper shadows have formed consecutively, continuing to test support on the downside and once again confirming the pressure from the strong resistance zone at 65300-65700. There is still room for a further decline to test lower levels. 4-hour timeframe: A clear structure of progressively lower highs has emerged. The previous upward move failed to break above and stabilize at the key resistance level of 65700, and therefore did not reverse the downward channel. Selling pressure above remains extremely heavy. Hourly timeframe: The weak structure of a straight-line decline is very clear, with rebound highs continuing to fall. No clear signal of a bottoming out and stabilization has appeared. A brief rebound and recovery cannot reverse the short-term weakness, so do not rush to buy the dip and go long at low levels. Shorting rebounds in the direction of the trend is safer. Moreover, it was previously noted that there is an FVG gap in the 63120-62765 range below. Given the current trend, prices will most likely retrace to fill this gap. The key will be the support and buying strength in the 62500-62200 range below. Bitcoin: Short near 63500 on a rebound, targets 62500→61800 Ethereum: Short near 1878 on a rebound, targets 1845→1820 #Pre-IPOs第三期KIMI今日开启认购 $BTC ‌$ETH ‌