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After consecutive declines, the downside pressure has been fully released, and trading volume has gradually shrunk to stabilize and stop the fall. The 4-hour RSI is oversold and has turned upward, and the MACD green histogram bars are narrowing, forming strong Golden Ratio support. Market panic sentiment has been cleared: funds are flowing back, and positions are continuously accumulating coins/tokens. Risk-asset sentiment is recovering, and the market has the momentum to rebound and repair in the short term.
BTC retraces around 63,200–62,600, with an upside target of 64,000–65,300.
ETH retraces around 1,700–1,660, with an upside target of 1,730–1,800.