Good morning on July 14! Bitcoin rose to 77425 overnight before falling to 76588, currently trading at 76700. Our weekend gains: 1000＋80 points. $BTC Mingyuan 7/14 morning: Long around 76500-76000, targeting around 77200-78000. $ETH Mingyuan 7/14 morning: Long around 2460-2435, targeting around 2500-2540.

9.14 Market Conditions Analysis BTC Silk Road Reference Setup Range: Try shorting around 77000–77500 Zhishun: Above 78000 First target: 76000; second target: 75000 Key levels Resistance: 77500–78000 Support: 76200–76500 In a range-bound market, do not chase rallies or sell into declines; strictly control position size and set stop losses. Review of the CPI data: Overall, it was acceptable, but core CPI month-on-month exceeded expectations, and inflation remains sticky. The market briefly worried that the Federal Reserve would delay rate cuts, causing BTC to come under selling pressure first; afterward, shorts took profits, and the bearish news was priced in amid the clash of capital, producing a rollercoaster move that first fell and then rose. A rebound does not equal a reversal. Expectations of high interest rates are still weighing on the market, and large funds have not entered aggressively to drive prices higher. One-hour chart: After the sharp drop, the moving averages are bearishly aligned. The rebound encountered resistance upon touching the short-term moving averages and failed to hold above them. The current price is around 76800, in a sideways recovery phase following the decline. The hourly MACD green bars are contracting, but bulls lack the strength to drive a volume expansion. Trading volume remains sluggish; neither bulls nor bears have launched a main attack, and short-term funds are driving back-and-forth volatility#CoinDesk披露GateRWA永续合约全球Top3 #Gate主流CEXTop4 $ETH $BTC

The week passed quickly. The market first moved in a range, then tested the daily Bollinger lower band, before staging a roller-coaster move on Friday due to fundamental factors. The weekend saw further consolidation, while yesterday’s decline reached the short-position target. The short trade secured 720 points, followed by a 470-point long trade. Last week’s total gains reached 16,780 points. Overall, last week’s movement matched expectations: from Monday to Wednesday, the outlook was range-bound, with shorts at highs and longs at lows; Thursday called for continued weakness; and Friday followed fundamental developments. The weekend also reached the target level. Throughout the move, both the direction and range were consistent with expectations. So, how will the new week unfold intraday… From the chart, the short-term trend is gradually consolidating downward, with price action relatively weak. Friday’s fundamental-driven surge failed to break the overhead resistance and returned to the lower end of the range. The four-hour Bollinger Bands have narrowed again, and price has already broken below the middle band, indicating that the bearish momentum may continue. The daily Bollinger lower band is also expected to open and expand after the daily close, releasing further downside room. Therefore, look to short at higher levels intraday first, targeting a test of the previous low. Short around 772 to 775 in the morning, watching support at 756; if it breaks, target around 752.