7.6 Monday Midday Market Analysis



Reviewing the market: After hitting bottom last week, Bitcoin has been rallying upward with bullish momentum. It surged to 63,990 this morning, setting a new high for the phase, and then stalled slightly. Ethereum strengthened in tandem, reaching a peak of 1,807. The chart mirrors Bitcoin's, maintaining a bullish structure on short-term small timeframes. After two attempts to break into the 1,800 zone, both faced resistance and stalled. Short-term bullish momentum is limited, and conditions for a reversal are not yet present.

1,850 is the key strong resistance. Until it is firmly held, any rebound is merely corrective price action after a decline. Do not blindly chase longs.

BTC trading suggestion: Short at 63,700–64,200, add to position at 64,500, stop loss at 65,000, take profit at 63,200–62,400.

ETH trading suggestion: Short near 1,800, add at 1,830, stop loss at 1,860, take profit at 1,750–1,680.
BTC1.48%
ETH4.45%
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天才交易员杰哥
0/1000
30D Return %
-8.55%
-5,409.89 USDT
30D P/L Ratio
0.4
AUM
$0
30D Win Rate
61.4%
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HalfAKilogramAndNineOunces
· 07-06 23:21
Lately, my trades haven't been going well.
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