It fell a little short; recent market conditions remain as disappointing as ever. This is the rhythm of a bear market: prolonged sluggishness wears people down, while market participants’ enthusiasm for deploying capital continues. Coupled with the recent rise of the AI storage sector, the volatility of sndk alone is enough to keep things interesting. Market volatility is extremely strong, continuously drawing in market sentiment and capital. Today, BTC’s price structure was also relatively clear: after testing the 64000 support during the daytime session, it did not make a move higher until the evening, successfully reaching the 65000 area. The long position near 64000 mentioned during the daytime session also successfully closed out another BTC long trade. sndk gave back most of today’s gains on its long position, falling all the way to around 1610, with all of yesterday’s rally retraced. Today’s intraday long position was also stopped out. The 1730 long suggested in the morning was adjusted to around 1700 after adding to the position in the afternoon, before being stopped out near 1650 during the sharp decline in the evening. The continuation of the upward move is still being tested. After the evening rally, short-term pullbacks are unlikely to accomplish much. On the four-hour chart, the market is still hugging the upper Bollinger Band and moving higher. After a brief pullback and correction, the rebound resumed, and the short-term continuation of the market move is still strengthening. Looking ahead, breaking through the 65000 level remains the top priority—there can be no progress without a breakout. For the midnight setup, we will focus on whether the rebound can continue and whether a breakout at this level can form. In terms of positioning, we can follow the trend and take a short-term long. BTC long near 64500 Target 65300 ETH long near 1910 Target 1940 #Gate事件积分系统上线 $BTC ‌#宇树科技上市能否冲击2000亿

Bitcoin can still rise. After two consecutive upward attacks, K-line patterns across all major timeframes have strengthened in sync, lower support continues to move higher, and bullish momentum is still being released. 4-hour timeframe: It has risen from the lows at an almost vertical angle, establishing bullish dominance. Bitcoin is maintaining its position above 63700. According to the 4-hour Fibonacci levels, the 1:1 upward target can be seen around 65700. The short-term consolidation is more about building strength during the upward move, and the subsequent market trend still favors continued upward movement. Bitcoin: Go long on a pullback to around 64500, targets 65300→66100 Ethereum: Go long on a pullback to around 1905, targets 1943→1967 #Gate事件积分系统上线 $BTC ‌$ETH ‌

Bitcoin: Major Wave-3 Decline May Be Developing Bitcoin’s weekly structure is signaling that the market may be entering one of the most important phases of the current bearish cycle. Following the completion of a major Terminal pattern near the previous high, price entered a powerful decline labeled Wave-1. That initial selloff was followed by a corrective recovery into Wave-2, which appears to have completed around the recent local high. The key focus now is Wave-3. If the current wave interpretation remains valid, Wave-3 should become substantially more aggressive than the preceding decline. The developing structure suggests Bitcoin could break below the major $50,000 psychological level before this wave is complete. After Wave-3, a temporary Wave-4 recovery could develop and potentially last several weeks or even months. However, that rebound would not necessarily confirm a new bull market. A final Wave-5 decline could follow, with the larger bearish structure potentially pushing Bitcoin below $40,000. The critical sequence to watch is: Terminal Top → Wave-1 Decline → Wave-2 Recovery → Wave-3 Selloff → Wave-4 Rally → Wave-5 Final Decline This remains a technical scenario, not a certainty. Price behavior and structural confirmation should determine whether the bearish wave count remains valid. #Bitcoin $BTC ‌