July 7th Bitcoin and Ethereum Ideas and Operations Suggestions



Market Overview

BTC and ETH both experienced a slight rebound, rising 0.6% in 24h. It appears that short-term bullish sentiment is recovering, but the capital held in positions has simultaneously shrunk, forming a divergent structure of price increase and position reduction. Market funds are exiting during the small rebound, with no new capital entering to take over. This rebound is merely a technical correction, not a reversal. There is significant selling pressure above, and after failing to push higher, a decline is highly probable. The overall pattern is oscillating and bearish.

Trading Suggestions (Single-Sided Shorting)

Short BTC in batches during the rebound to the 63800-64200 range, with a stop loss at 64600. First target 62600, second target 61800;
Short ETH in the 1805-1830 range, with a stop loss at 1860. First watch the 1740 support level; if broken, look at 1700;#Strategy上周减持3588枚BTC $ETH $BTC
ETH0.14%
BTC0.20%
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