7.6 Evening BTC and ETH Trend Analysis



First look at the BTC side. From noon to now, BTC has continued the oscillating downward trend. It is currently trading around 62800. In the short term, bears dominate. Focus on the resistance area of 63500-64000 above. Go short at this resistance level.

BTC Wind Vane:

Rebound to around 63500-64000, go short. First target is 62000. If it stabilizes, adjust strategy based on the downward momentum and continue to look lower.

ETH Wind Vane:

It is expected to continue following BTC. Focus on the resistance area of 1790-1820 above. If it rebounds and stabilizes, you can go short. First target is 1740-1710. If it breaks, continue to look lower.

#比特币巨鲸两周狂扫27万枚BTC

$BTC $ETH
BTC1.26%
ETH0.42%
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TidepoolQuant
· 6h ago
Is the 62000 target a bit conservative? If it breaks below the previous low structure, it might touch the 60k round number.
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Stop-LossIsLikeAConfession
· 6h ago
The pressure in the 63,500–64,000 range is definitely strong. Last time, it tried three times but didn’t break through. This time, I’ve got the orders set and I’m just waiting for the right moment to come.
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Stop-LossAtTheEdgeOfTheLava
· 7h ago
270k coins amassed by giant whales... This data looks scary, but the market hasn’t seen a volume surge yet. For now, let’s do a short based on the technicals.
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FangLiOnThePowerDynamics
· 7h ago
Bouncing back to 1780-1770, going short is not a big problem.
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OwlAuthorizationMonitor
· 7h ago
That old habit of following a drop but not a rise has returned. I set a limit short order around 1790, with a stop loss at 1850.
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