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We had a nice downtrend going, and then the “Trumpster” comes in and forcefully pulls the price up. Keep shorting and wait to eat the profit! July 7th BTC and ETH outlook
The short orders I gave yesterday during the day were executed with pinpoint accuracy. If you held them, you could have captured over 2,000 points on BTC and over 70 points on ETH. Everything was dropping nicely—but last night, the White House held its first joint opening ceremony for the NYSE and Nasdaq, and on site the Trumpster publicly recommended Dell computers. As the Trumpster increasingly ties his personal policy agenda to stock market performance, this special “White House opening bell” has also sparked outside attention to the boundaries of presidential influence on the market. After that, both stock prices and crypto prices strongly rebounded, and the short positions are still stuck!
The daily chart printed six consecutive bullish candles, and this morning’s close again formed a doji. Although the lower wick is relatively long, it still qualifies as a standard doji. So everyone should be cautious about chasing longs—clearly, chasing longs from this position is not timely. Since the MicroStrategy sell-coin turmoil is starting up again, during the day we can continue to lay in short positions!
**July 7th Short Strategy:**
**BTC:** Continue short at the current price 64000-64500. Defend around 65500. Targets: 63000-62500-62000. If it breaks through, watch 61500-61000-60500-6万. Continue moving the stop-loss to lock in profit—adjust based on conditions!
**ETH:** Continue short at the current price 1800-1830. Defend above 1850. Targets: 1750-1730-1700. If it breaks through, watch 1650-1630-1600. Continue moving the stop-loss to lock in profit—adjust based on conditions!
**July 7th Long Strategy:**
**BTC:** Enter long on a pullback at 59500-6万. For the more conservative, enter around 58500-59000. Defend around 58000. Targets: 61000-61500-62000. If it breaks through, watch 62500-63000. Continue moving the stop-loss to lock in profit—adjust based on conditions!
**ETH:** Buy one lot on a pullback at 1600-1630. For the more conservative, enter at 1530-1560. Defend around 1500. Targets: 1650-1700-1720. If it breaks through, watch 1750-1780. Continue moving the stop-loss to lock in profit—adjust based on conditions!
The Trumpster’s forced pump is nothing more than a brief flash. After that, the probability of a pullback will increase due to a chain reaction triggered by MicroStrategy’s sell-off. Most likely, it will go through a round of new recent lows—so everyone, be cautious about chasing longs!