July 7 BTC/ETH Market Evening Report: Weak Rebound, If Not Shorting Now, When?

Today's intraday BTC article clearly indicated to short near 63700, and the subsequent high rebounded to 63868, precisely catching the short position before continuing to drop. Now it has broken through the 63000 mark and is near 62700, reaching the first target area. So let's first reduce positions to lock in profits before continuing to trade. For ETH short at 1800, the subsequent high rebounded to 1793.7, a few ticks away from entry. If you entered, also pay attention to the first target around 1750—wish you luck in reducing positions to lock in profits before trading further! Today's view remains the same: short high!

First, today's strategy: (Remember to trade lightly and reduce positions promptly upon reaching targets)

Bitcoin reference resistance near 63900~64800, targets refer to support near 62700~61300~60500~58888~55000

Ethereum reference resistance near 1805~1855, targets refer to support near 1750~1670~1640~1570~1500~1370

Trading strategy:
Now the biggest variable is the Fed's stance on inflation. Reaffirming the commitment to the 2% target will significantly narrow the room for rate cuts, and there may even be one or two rate hikes this year. With such a substantial reduction, where can prices go? So now I believe all rebounds are opportunities to short high!

The technical chart won't be discussed in detail tonight. Market volatility is high, and articles are delayed. According to your actual situation, when you reach the target, reduce positions to lock in profits before continuing to trade. For evening strategy, trade with light positions! Light! Light! #GUSD年化升至3.8% $BTC ‌$ETH ‌#GUSD年化升至3.8%