8.14 BTC Morning Analysis BTC is currently consolidating within a narrow range around 63493, with an intraday fluctuation of approximately 1.9%. The funding rate remains slightly positive, and the cost of holding long positions is moderate, with no overheating signal triggered so far. The perpetual basis is essentially flat against spot, leaving limited room for spot-futures arbitrage, while market pricing remains relatively fair. Options implied volatility (IV) has declined from the previous day, while skew has shifted from negative to positive, indicating weaker demand for out-of-the-money put options and a marginal improvement in market tail-risk sentiment. Open interest (OI) has edged up during the rebound, but most of the increase is concentrated in short-term positions. The long-short ratio remains in the middle range, with no extreme directional positioning. On the liquidation front, the liquidity heatmap shows a large concentration of stop-loss orders on short positions above 64000, while a dense long liquidation zone exists below 62800, clearly defining the battle lines between bulls and bears. Overall, the market is in a range-bound recovery phase following short covering. Near-term direction will depend on breaking through the above liquidation boundaries with volume confirmation. Trading suggestion: 64000-64500 [unspecified action], target 62000-62500.$BTC $GT $

8.14 BTC and ETH intraday On the 4-hour chart, the overnight market saw a downward move, probing down to 62800 before bearish momentum was exhausted and failing to extend the deep pullback. It then formed two consecutive bullish candles to complete a rebound recovery, with the market currently consolidating within a narrow range around 63400. MACD and KDJ have both turned upward, with clear signs of a short-term bullish recovery. Based on the chart structure, the subsequent strategy is centered on building long positions on dips. BTC: Long at 62500 and 63000 after stabilization, targeting 64500 and 65500. ETH: Long at 1820 and 1860 after stabilization, targeting 1920 and 1980. $BTC #GateLaunchpool瓜分141万枚DOS

As I said two days ago, BTC’s downward momentum has already started to ease. Although it dipped to another low last night, for now, the probability of directly breaking the previous low in the short term remains low. This is still mainly about consolidation, with a possibility of another short-term upward surge before testing the previous low later. So there’s no need to panic too much at this level. You can keep your core holdings, while using the remaining positions to sell high and buy low whenever opportunities arise. ETH is still clearly stronger than BTC and is also more resilient in this trend. Keep your core holdings there as well. If it returns to around 1850 later, you can continue considering adding to your position. U.S. stocks were truly crazy last night, with the Nasdaq surging straight to around 30,100. There will definitely be some short-term resistance here, so the key now is to watch whether a pullback emerges. The overall strategy remains the same: don’t chase U.S. stocks higher; wait for a pullback and continue buying. For names like SNDK, which have already broken out, you can still look for opportunities to buy on weakness if they pull back later. The takeaway is simple: keep core crypto holdings and sell high and buy low; wait for pullbacks to buy U.S. stocks, and patiently wait for opportunities.$BTC $ETH $SNDK