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July 7
ETH Noon
After an early morning surge to around 1810, it encountered resistance and pulled back, maintaining a high-level narrow range at noon, with the daily high gradually moving lower. The rebound initiated from 1512 has completed its wave-style rally, short-term profits are being cashed out intensively, trading volume continues to shrink, and bullish momentum is weakening.
BTC is also consolidating at high levels, the correlated market lacks incremental capital, Ethereum is in a short-term tug-of-war between bulls and bears, and overall it remains a repair rally after the decline, without a trend reversal.
Strategy: Short at 1770-1790, stop loss at 1815, target 1730-1700
Disclaimer: Investment involves risk, be cautious when entering the market.
#Strategy上周减持3588枚BTC $ETH