July 8


Midday: BTC and ETH

Prices are under pressure below the strong resistance of the 50-day moving average at 65,681. The medium- to long-term bearish trend has not fully reversed; this is only a technical rebound after a major drop.
The MACD green histogram keeps shrinking, bearish momentum is fading, and there is an expectation of a low-level golden cross. The Bollinger Bands’ middle band is sloping downward, which limits rebound room. The bottom is gradually rising (prior low 57,735 → 62,600), forming a ranging and bottoming pattern, and no bullish reversal structure has appeared.

BTC: 62,400-62,000; defense at 61,800; target
63,500-64,000

ETH: 1,740-1,725; defense at 1,710; target 1,800-1,830 #美终止对伊朗石油制裁豁免 $ETH $BTC
BTC1.36%
ETH1.20%
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