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7.3 Post-noon thoughts
BTC is currently oscillating in a range, with support at 61,200 and resistance at 61,900. Funds are taking profits, and longs and shorts are deadlocked. In the short term, it remains range-bound waiting for a breakout. ETH rose and then consolidated to wash out positions; the larger trend is weak, so do not chase longs.
Trading strategy
Go long on BTC at 60,900-61,400, target 62,400
Go long on ETH at 1,690-1,710, target 17,400
$BTC $ETH