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July 8 Evening Market Analysis for BTC and ETH
All short-term moving averages point downward. The price oscillates lower along the lower Bollinger Band, with rebound volume steadily shrinking. 63,800-64,000 is a strong resistance zone, and repeated rallies have been rejected. Bears dominate, and the MACD is bearish with a downward crossover, leaving limited room for rebounds.
Trading Strategy:
BTC: Short at 63,200-63,500, stop loss at 64,000, first target 62,400-61,800, break below looking at 60,800
ETH: Short at 1,760-1,780, stop loss at 1,800, target 1,730-1,700, break below looking #美终止对伊朗石油制裁豁免 at 1,650