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Analysis for July 6, 2026
Chairman Wo cooled the rate hike expectations, with no forward guidance, not to be taken as any reference. It will continue to go up for now... until the meeting minutes are released, but the current cooling expectations have been wiped out... The major trend has reached the golden line on the daily chart, and we look for a pullback, unless chasing long positions (which would require the Fed to release positive news).
Day: Continuously wicking in a sideways range, a slight pullback to do 4-hour oscillating longs... Short-term long positions should be taken upon reaching target, the possibility of a big drop before the news is not.
too high
Pressure levels: 1900, 1980, 65400, 67200 Support levels: 1760, 1710, 62500, 61800
ETH day: Long orders at 62800 and 62500, stop loss 62100, oscillating upward take profit 65200 and 66600
BTC day: Long orders at 1750 and 1760, stop loss 1730, take profit 1850 and 1880
Combined with live analysis and technicals, manage position sizing, for reference only.