7.20 Linmu morning BTC and ETH biscuit trading strategy analysis From short-term price action, a pullback to 64,500 is more likely seen as a benign correction after a sharp rise. Notably, in the 1-hour timeframe, the Bollinger Band middle line is rising, price is running closely along the middle band, and bearish momentum on the MACD is weakening. It is expected that the market will build a bottom around the 64,500 area; after breaking above 65,000, upside room will open. BTC: Pull back to around 64,100-63,600, then go long; targets around 65,400-66,000.
 ETH: Pull back to around 1,845-1,820, then go long; targets around 1,910-1,950.#PreIPOs第二期OpenAI认购 $BTC $ETH

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7.20 Morning Thoughts This morning, I’ll chat with everyone about the real situation with BTC. Early in the morning, an attempt to spike and test 64,967 was smashed back down, and the current chart is hovering around 64,500. Let me lay out the current “face value” of the market clearly for everyone: Don’t be misled by the small rebound over the weekend. But trading volume has shrunk severely—in other words, this upswing doesn’t have any real outside “fresh money” propping it up. It’s just a passive rebound brought about by take-profit after the sell-off, not an active “bulls charging” move. The follow-through is especially weak. On the daily timeframe, price is still being held down below the medium-to-long-term moving averages. As for the bigger mid-term trend, it’s still a relatively weak setup—don’t mistake a two-day small rebound as a complete reversal and think the market is going full bull run. There’s also nothing constructive on the macro side to give it support. Recently, comments from Federal Reserve officials have been overall hawkish, and expectations for rate cuts have continued to cool. On top of that, the U.S. CLARITY crypto bill is still stuck at the stage of voting in the Senate. The two parties can’t agree on the ethics provisions, and regulatory uncertainty has been hanging over the market. Big capital simply doesn’t dare to step in boldly to push BTC higher, so it’s naturally difficult for the market to show a sustained, one-way uptrend. BTC trade idea: hover around 65,300-65,800, with targets looking at 63,900-63,400. ETH trade idea: hover around 1,900-1,940, with targets looking at 1,840-1,800. $BTC $ETH #ETH站稳1900美元