Bitcoin is currently holding a strong support level at 65,500. Multiple attempts to test below 66,000 have failed, and each time it reaches 65,500, it bounces back. Yesterday, it tested again and rebounded, but the rebound was weak—just a false breakout below the flag pattern without reclaiming the shape, leading to a pullback. Now, it’s heading back to test 65,500.

If this rebound still cannot break through the previous high of 67,405, then 65,500 is likely to be lost. After all, the previous rebounds have been progressively lower, and the support is weakening with each test. Once it breaks below 65,500, the next target is 64,930. If it cannot hold there, it may drop further to find support at 63,832. To truly stop the decline and rebound, it must re-enter the flag pattern and break through 67,638; otherwise, it will likely oscillate between 66,252 and 67,300.

$BTC In terms of trading, a 4-hour breakdown below 66,239 suggests watching 65,561–63,810. Resistance levels are at 66,893, 67,598, 68,591; support levels are at 66,285, 65,500, 63,840.

Ethereum is currently oscillating within a trumpet pattern, holding tightly at the 2,048 level. If it stabilizes above 2,048, it may rebound to 2,092. If it moves downward, it’s likely to test 1,990, and a break below 2,000 could lead to a further dip toward the lower boundary of the trumpet.

$ETH In terms of trading, a 4-hour breakdown below 2,018 suggests watching 1,980–1,937. Resistance levels are at 2,071, 2,125, 2,166; support levels are at 2,037, 2,013, 1,982.