8.3 Monday morning Bitcoin and Ethereum market analysis and trading suggestions It’s a new week again—good morning on Monday! Looking back at yesterday’s market so far, the overall range-bound structure at weekend lows continues, with the recovery pace. After last night’s pullback tested the 63,000 support and held effectively, the “whale head” failed to extend further downward space. Then the “beast head” kept rallying: BTC’s high touched 65,700, while ETH rose in tandem to around 1,895. A mild correction is within a controllable range. The weekend strategy remained firmly bullish; I’m currently holding the bullish positions that were set up and buried early Monday morning by #Gate独家美股0费率 , and they are being held normally. After the earlier drop, the current market structure has solid low-level support. In the short term, it’s entering a recovery upward window, and the “bulls” have the foundation for a continued offensive. On the daily timeframe: at the low level, it closed with a lower shadow and a doji candlestick (k-line). The downward momentum has slowed; the support area has been tested multiple times, and the “bulls” are gradually regaining lost ground. On the 4-hour timeframe: although the overall step-down structure hasn’t been reversed, 62,500 as the core support was pierced downward but failed to form an effective breakdown. It has now reclaimed above 63,200, and a bullish signal has appeared in the short term. On the 1-hour timeframe: it has successfully broken above 63,200 and exited the underlying consolidation range, forming an effective double-bottom pattern. In the morning, after an upward test near 64,000, the pullback strength was weak; the “bulls” regained quickly. Each time it retraces, it gets pulled back fast. The short-term sideways-to-upward trend remains intact, and it can further test the resistance zone above. BTC: buy near 63,200, target 64,000 → 64,600 ETH: buy near 1,855, target 1,910 → 1,940 $BTC $ETH ‌ ‌

$BTC ‌$ETH

8.3 XiXi Early Thoughts: I flipped through the new August moves after July—good morning to you all on Monday, brothers! In the line near 62,900, the Ice candy orange is warming back up and climbing slowly again. The highest touched was around 63,700. At this stage, we’re at the 63,500 level; Er Gouzi is running around the 1,880 level. The daily line closed bullish, and on the hourly level, Jilin is running along the upper rail. Around 63,800-64,300, pay attention: around 62,800-62,100 Around 1,900-1,930 nearby 🈳, pay attention: around 1,850-1,810 People imitate because they long for it—live out your own self from within, and turn it into something that belongs only to you. All of the above are personal shares and do not constitute any advice. $BTC $ETH