July 7 BTC/ETH Mico Strategy

In terms of news, the AI industry chain was fairly calm last night, but the Asian session in the early morning was not friendly, with neighboring markets starting to fluctuate wildly again. The valuation of hardware is still in a phase of major divergence, and attention should be paid to the spread of negative impacts. Bitcoin and Ethereum tested resistance levels again during the night session, but continuity remains to be tested. Following the previous strategy, chasing long positions when resistance is near has a low risk-reward ratio. It is better to wait for a clear signal before re-entering, while also keeping an eye on this week’s FOMC.

BTC: The three major resistance zones remain effective. In the night session, as per the strategy, price surged to the midpoint of the second resistance zone (64135-65400) before beginning a pullback. This strategy was originally given on Sunday, and its realization last night was within expectations. A short-term bearish signal has appeared; first trust it, then verify it. It is recommended to add short positions near the upper rail of the first resistance zone during the day, using last night's high of 647 as a defense. The target is the lower rail of the first zone at 62888. For adding long positions, be more patient and observe whether this pullback will break 60800 and approach 60250 before entering long. The technical setup is clear and straightforward to execute; the key is to maintain sufficient patience. (See chart for details)

ETH: The night session tested the 1825-1855 range but failed to fully hold above 1825. A short-term bearish signal has also appeared simultaneously. Here, 1809-1825 serves as the near-term resistance. It is recommended to add short positions in this area, using 1825 as a defense. The support below is at 1755-1772. Watch whether this adjustment will deepen to the 1669-1715 range. Subjectively, reaching this area would represent a true stress test, as there is a significant accumulation of floating profit positions in the short term. These positions need to be washed out and confirmed. The larger double-bottom pattern is relatively neat, and the expected operation at present is to add long positions on a pullback to the neckline. (See chart for details)