Judging from the current trend, 2355 has received a certain amount of buying orders on the first line. The small-cycle rebound in Ethereum continues. In the afternoon, I shared taking 30 points on the 2376 long for a short-term trade. Congratulations to the brothers who are paying attention. #btc #ETH
After the ETH hourly line rose sharply and then fell back, it weakened again. The price broke below the lower Bollinger Band and probed as low as 2355. The KDJ indicator has also entered the oversold zone, which means there is a technical rebound opportunity in the short term. After the price dipped, it closed with a doji candle. You can see that the 2355 level shows signs of buy-side support. In the short run, there is potential for this wave of corrective rebound to continue.
However, it is important to note that the 2400–2416 range overhead has strong resistance. Only if the rebound can effectively hold above this zone can the current bearish bias be turned around; if the rebound is met with selling pressure and falls back again, it is still considered a corrective pullback within the downtrend. Short-term reference: go long at 2376, target 2406, stop loss 30 points #btc #ETH
The bounce can’t break through; it will definitely keep moving downward to look for support. Today’s ETH intraday update: shared 2423 short and it was perfectly validated, catching a 50-point range to secure profits. #btc #ETH
After the ETH hourly line surged to 2549 and then met resistance, it fell back under pressure. Price has continued to hover and struggle repeatedly around 2428.59 near the Bollinger middle band. TDDown has come to 3, and the bearish sequence has restarted counting, indicating a weak consolidation pattern after a high. After the risk of a top divergence was realized earlier, high-level funds have continued to withdraw; the upward offensive momentum has clearly weakened. KDJ turns downward from the mid-level, and the MACD’s DIF runs below the DEA—bearish momentum continues to output. On the hourly timeframe, the market is still in a pullback cycle. If subsequent rebounds cannot effectively hold above the Bollinger middle band at 2428.59, then all rebounds will be weak counter-trend bounces. Even if there is a short-term slight probe upward toward the upper band, it will be difficult to reopen room for a sustained rise. Ethereum: short 2423, target 2373, stop-loss 32 points. #btc #ETH
After the ETH 1-hour line surged to 2549, it encountered sell pressure and pulled back. Price is moving below the Bollinger middle band. In the afternoon, it attempted to break above that level but failed. The downward pressure from the trend has been continuously moving lower. Price is rebounding after being blocked by the Bollinger middle band. Funds that previously locked in at the high levels have not, at present, fully exited. Overall, the momentum of the bulls has already weakened. As mentioned above, the middle band is a key battleground, but price has not reclaimed it—so for the short term, you should temporarily say goodbye to the long bias. Tonight, first look for a pullback followed by its continuation. ETH: 2412 short, target 2372, defense 30 points #btc #ETH
ETH 1-hour candle spikes to 2549 and then sees selling pressure leading to a pullback. Price briefly trades below the Bollinger Band middle line, which is a normal technical pullback (a typical “washing” phase) after a round of上涨. The short-term risk caused by the earlier top divergence has been partially released. Some funds at the high end have cashed out, but overall the upward structure has not been broken.
Going forward, if the rebound can regain the Bollinger Band middle line, it will restart the upward attack rhythm. Even if, in the short term, price fails to stand above the middle line, it would only mean maintaining a weak consolidation—accumulation during the uptrend.
Key focus: watch the 2351 long “life line.” As long as this support remains valid and is effectively reclaimed, the current uptrend is still intact; the pullback will be an opportunity to enter on dips. If, in the short term, this level cannot be fought for, then only then would the long outlook need to be revised.
Ethereum briefly surged upward again, but the bearish divergence structure still persists. Prices keep making new highs, yet the momentum of the MACD is clearly lagging behind the price—this means the underlying bullish strength is weakening. This is the biggest risk, and there is a need for a pullback to digest it at any time. ETH: 2364 attempts to short again, target 2324, defense 30 points #btc #ETH
ETH hourly timeframe is in a high-level consolidation pattern. The market already shows warning signs: price is rising on shrinking volume, MACD shows a top divergence, and although the price has made a new high, the bullish momentum has not kept pace.
Current price around 2368 is under pressure, and there is a risk of a pullback to digest. As long as there is no effective break below 2305, the hourly bullish structure remains intact. If it breaks 2305 on increased volume and fails, the short-term trend will weaken, and the price may further decline to 2250 to seek support.
ETH reference: short 2345, target 2315, stop loss 30 points #BTC #eth
As I said in my article, ETH is clearly under pressure above 2300; in the short term there is a risk of a mild pullback. In the evening, I will set up a small, short position at 2291 for a steady, safe capture of profit. Congratulations to the brothers who are paying attention! #btc #ETH
A long-silent crypto market accelerated higher during the Asia-Europe trading session. This rally was mainly driven by sentiment in Asian and European markets; the White House Crypto Summit and ongoing policy-side positives continued to build momentum. During the upswing, trading volume expanded in tandem. BTC has regained and held above 70,000, while ETH has also returned above the 2,000 level.
Focusing on the Ethereum chart: above 2,300 there is notable short-term pressure. On the smaller timeframes, after a round of pullback the price once again challenged the 2,300 level, but follow-through volume has clearly dwindled. In the near term, there is a need for a pullback to digest the move. Near the resistance level, you may want to watch for an opportunity for a mild retracement.
The top single Ethereum was a bit anxious; 2265 directly charged in. Without the pressure to hold through a pullback, it was decided to top up and get on again near 2235. The trend of Ethereum pushing upward is complete—take the profit on $ETH .
As I said, 7w is definitely not the focus of this round. Bitcoin continued to rebound in the afternoon—early-morning bullish thoughts were perfectly validated! Congratulations to the brothers who followed, #btc #ETH
In my personal opinion, there is a high possibility that Ethereum’s next trend will continue rising. After days of consolidation, today saw a breakout with increased volume and stabilization around the 2k level. In the four-hour chart, volume expanded significantly—far above the 5-period and 10-period averages—indicating that real capital is entering the market, not a fake pump. At the moment, it’s only that the KDJ indicator is overbought and has triggered a pullback for a retest. In reality, if you can catch the buy orders for this pullback above 2200, then it will likely push higher again within the day. For ETH: continue long at 2235, target 2285, with a stop loss 35 points.#btc #ETH
Ethereum surged 20% in a single day. As of now, the price has held above the 2200 level. On the smaller time frame, the current price is ranging at high levels, and bullish volume momentum has not yet shown significant signs of exhaustion. On the one-hour view, the MACD indicator in the attached chart shows that bullish volume momentum continues to expand. In my short-term view, the primary bias remains a bullish trend. Reference: Long at 2265, target 2305, stop-loss 30 points #btc #ETH
Bitcoin bulls are absolutely going crazy—on the pullback, even 68,000 wasn’t broken, and the price keeps rising! Originally, my plan was to have BTC pull back to the 67,800 range to top up and get on board, but the strength of these bulls is beyond estimation. The four-hour level bullish volume is the strongest in the past few months, comparable to the bullish volume at the beginning of early February this year. So for the next move, in my view, 70k is definitely not the main focus of this round—there’s a high probability of continued rebounds! Reference: Long at 69,500, target 70,500, defense 1,000 points #btc #ETH
BTC sees a strong breakout, piercing through the two-month trading range ceiling in one move.
The price action surged from 64,600 to around 68,800, effectively reclaiming 67,500—the key resistance that had capped the consolidation for two months. It is currently consolidating at elevated levels. The long-term overhead pressure at 67,500 has been firmly held by a bullish body candle; this was not a brief wick spike. It is a genuine technical breakout.
On the daily chart, price lifted directly from the lower edge of the converging triangle and moved to outside the upper edge, with trading volume expanding in sync. On the 4-hour chart, the bullish trend is now officially established. Bullish volume has been significantly released. For the short term, it is not advisable to short blindly; the trading approach should prioritize waiting for a pullback to go long.
With bullish momentum currently sufficient—price at 68,300, very close to the 69,000–70,000 zone—the next major core strong resistance lies at 73,000–73,500. Between the two, resistance is relatively light.
Core drivers behind this round of upside
1. Policy side: On August 18, the SEC issued a proposal for “Crypto Asset Regulation.” Oversight shifts from the past “enforcement serving as regulation” to a clear compliance framework, which the market views as a major positive catalyst.
2. Capital side: Whales continue to accumulate. According to CryptoQuant data, over the past 60 days large holders increased their BTC holdings by about 43,000 coins, worth $2.75 billion, ending months of net selling. The 30-day spot demand indicator, which was repaired from July 23’s 206,000 coins to about -5,000 coins, is just one step away from turning positive. Historically, after this indicator turns positive, the average 60-day upswing is roughly 18%.
3. Sentiment side: Short sellers are being liquidated in a concentrated manner. Over the past 24 hours, the total liquidation across the entire market was about $210 million, mainly driven by short positions. After breaking key levels, it formed a positive feedback loop of “the higher it rises, the more shorts get liquidated.”
After a breakout, a retest/pullback is normal. If the pullback to 67,500–67,800 stabilizes, it becomes an entry window for sidelined capital that missed the move. But if 67,500 support is declared lost, traders should be wary of this being a bull-trap style fake breakout.
My personal view: Buy on a pullback to 67,800, target 68,800, with a stop at 800 points.
Ethereum recently held high near 1900 and moved sideways instead of dropping. This afternoon it finally showed a decent little rebound again, and the 1897 long was able to successfully lock in profits! Congratulations to the brothers who are following along $BTC #eth
btc small-level rebound continued into the early morning, reaching as high as 64,600, right around the 64,600 mark. Multiple approaches were perfectly validated! #BTC #eth
BTC four-hour timeframe. After two days of bottoming over the weekend, the price firmly holds the key support at 62,500. In the morning, increased volume pushed the price upward to break through the Bollinger Band middle-rail resistance. The KDJ on the sub-chart formed a golden cross and continues to diverge upward; bullish momentum has been released, and the market has the drive to push higher further. Based on the Asian-session order-flow performance, I personally lean toward the view that this rebound trend may continue. Reference: Go long directly around 63,520, target 64,520. Risk control: 1,000 points loss. $BTC
Over the past two weekends, Ethereum has almost been stuck in place; today, after the weekly close, the 8:00 minor-level trading volume showed a noticeable, slight increase. On the 4-hour timeframe, it is in a weak corrective consolidation after a decline. Price is above the Bollinger mid-band and is approaching the 1890–1900 resistance area near the upper band. On the indicators, the KDJ lines are sticking together, and the relative balance between buyers and sellers is fairly even. MACD’s red bars are rising slightly, but the DIFF line is still below the zero axis, indicating that bullish momentum is somewhat weak—this looks like a stock/volume-limited rebound without fresh incremental capital entering. However, in the short term, the rebound has not ended. For intraday short-term trading, you can continue to look for the opportunity for this leg to extend. Reference: go long at 1897, target 1927, cut/defend 30 points. $ETH