7.24 Friday Market Recap｜Shiyuan’s View The downtrend has been officially established; the trend-following high-short idea has been executed Forward-looking prediction: Determine that the current market is only a technical rebound within a broader downtrend, not a bullish reversal. When BTC rebounds to the 65,400-65,600 range, place short positions; for ETH rebounding to 1,900-1,910, follow up with shorts throughout, staying bearish on the whole way. Market confirmation on execution: Relying on the downward trend that has continued from the previous days, the on-chart logic is coherent and smooth. BTC is currently trading near 65,062, maintaining a weak sideways consolidation; the lack of rebound strength fully matches the predicted weak structure. Expected room to deliver: BTC’s short targets are sequentially 64,500, with a deeper look at 63,800; ETH’s short target is directly at 1,860. Summary: Assess the situation and switch the trading mindset. Seamlessly move from the earlier steady low-buy to trend-following high-short. The long/short timing is clearly controlled, and the logic of trend-following trades is clear and complete. $BTC $ETH

‌ $BTC trade around $64,500–65,000 and is trying to maintain upward momentum after successfully rebounding from the $62,700 area. Technically, the price structure still shows higher lows, indicating buyers still have control as long as key support is not broken. Key levels today 🟢 Support 1: $64,000 🟢 Strong support: $62,700 🔴 Resistance 1: $65,000 🔴 Strong resistance: $66,500–67,000 Prediction for the next 24 hours 🟢 Bullish (60%): If BTC manages to close above $65,000, the next target lies at $66,500–67,000. 🟡 Sideways (25%): Price moves within $64,000–65,000 while waiting for stronger volume. 🔴 Bearish (15%): If the $64,000 support is broken, BTC may return to test $62,700–63,000. Conclusion The short-term bias is likely bullish, but $65,000 is an important psychological resistance area. A breakout backed by high volume could pave the way toward $67,000, while failing to break above it could cause BTC to consolidate again. Although technical signals are starting to improve, some analysts remind that the medium-term trend has not fully recovered, so volatility remains high.#btc

No more new big drops. 64,000/1,800 unbeatable institutional “iron bottom”—just blindly pile in and that’s it 🌃🌃🌃🌃🌃🌃$BTC ‌