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Brother Liu 7.8 Evening BTC and ETH Strategy Analysis
The intraday bearish momentum fully matches the earlier-day forecast. The market continues to weaken, dipping to test the 61,700 level. Earlier it was emphasized that once the 62,200 support is broken, the downside space opens up. On the one-hour timeframe, price directly breaks below the Bollinger Band midline, setting a fresh intraday low. At present, the market is making a small rebound and repairing after consecutive intraday declines. For the evening, the trading approach still mainly focuses on “low-dip” pullbacks.
BTC Trading Plan
Pull back near 61,500 and buy in batches. The first target is 62,500, and the second target is around 63,000.
ETH Trading Plan
On a callback near 1,720, buy in batches. For the upside, first look toward 1,770; if it pushes higher, you can watch the 1,800 resistance level. $BTC