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7.7 Early Morning Views on BTC and ETH
On the 4-hour chart, after a surge to highs, a rapid decline followed, with the short-term uptrend encountering resistance and pulling back. The current price is 63976.8.
On the hourly chart, the battle between bulls and bears intensifies, with the price falling under pressure after the surge. The short-term market has entered a phase of consolidation and adjustment. Wait patiently for clear signals.
Key Levels
Resistance: 64400
Support: 63400
Strategy Layout
BTC: After a pullback to the 63300-63600 range, wait for signs of stabilization before going long. First target 64400, second target 65400.
ETH: After a pullback to the 1760-1780 range, enter long once it stabilizes. Target 1820, break above to see 1880.
(Personal views for reference only. All decisions should be based on actual market conditions.)
#BTC #ETH