The evening market perfectly aligns with the previous forecast logic, with prior planning of the range layout: Bitcoin around 64,300 is expected to pull back, targeting 62,500; Ethereum around 1,750 is set up, targeting 1,660.
Bitcoin surged to touch the resistance high of 64,370, but the bullish momentum quickly exhausted, and the rally weakened, beginning to face pressure and pull back. Currently, Bitcoin's price is 63,908, gradually retreating from the intraday high, confirming that the 64,300 level faces strong overhead selling pressure, and short-term bullish continuation is insufficient.
The market structure is clearly visible: the upper band of the 15-minute Bollinger Bands at 64,069 is the short-term key dividing line. After the price surged to touch the upper band, it stalled and pulled back. The KDJ indicator surged near the overbought zone and then turned downward. Buying momentum gradually exited, and profit-taking at high levels was concentrated. Ethereum moved in sync with Bitcoin, showing a rise and fall pattern, with a high test at 1,749. After touching the Bollinger upper band at 1,746 with heavy resistance, it failed to continue rising. The current price is 1,729, continuing to weaken, falling below the middle Bollinger band at 1,727. On the indicator side, the KDJ is deeply declining, with bullish rebound momentum exhausted; OBV volume continues to weaken, lacking new capital to support the rise. Most of the profit-taking and exit funds are at high levels. The 1,746-1,750 zone has long-standing accumulated selling pressure, and the rebound has little sustainable power.
The subsequent operation still adheres to the original strategy: Bitcoin's rebound stalls near the 64,000-64,300 resistance zone, continuing to short in line with the trend; the first support below is 63,680, with a key defense at 63,157. Once support is broken, the downward space will reopen, extending toward the 62,500 target zone.
Ethereum's rebound to the 1,727-1,746 resistance zone shows weak upward momentum, continuing the high-altitude strategy of waiting for a pullback; short-term support is at 1,708, with a key dividing line at 1,707. If this level is effectively broken downward, the market will continue to decline toward the 1,660 target.