7.2 Midday Market Trend Analysis



BTC surged to 61322 in the early hours then quickly retraced to 59940, slightly recovered to 61103 in the morning, short-term rebound insufficient, with clear overhead resistance, overall maintaining a consolidation pattern, only short positions from highs.
Suggestion: Short at 61000-61600 range, stop loss at 62000, target below 60000-59300

ETH synchronously follows BTC in a volatile repair, with continuous selling pressure from rebounds, mainly following the adjustment.
Suggestion: Short at 1630-1650 range, stop loss at 1680, target below 1580-1540-1500

Risk warning: Market analysis is for reference only and does not constitute investment advice. #Strategy拟回购股票
BTC3.55%
ETH3.75%
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ThinkForThreeSecondsBefore
· 2h ago
ETH correlation is too obvious—any rebound is basically a free short point; orders near 1630 have already been placed.
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VelvetValidator
· 3h ago
Followed, set stop loss at 62,000, target first look at the 60k round number.
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GateUser-bee672a5
· 4h ago
This short position is indeed comfortable; the above resistance is clearly visible.
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