$BTC Wednesday Review Summary and Pre-dawn Strategy Sharing for July 9

Market Review: On Wednesday, after an intraday high of 64234, the market gradually weakened step by step, with each rebound being weak and unable to lift the center of gravity. In the afternoon, a large bearish candle accelerated the decline. After a slight recovery in the evening, it came under pressure again, and late trading dipped to 61541, setting a new intraday low. Bears dominated throughout the day.

Summary of Trades: From the open today, we were bearish as the main rhythm, and we firmly maintained a bearish view without wavering. During the day, we precisely laid out four live orders, all of which were successfully executed and exited! First short on BTC at 63900, we took 1000 points cleanly; After a slight rebound to 62900, we shorted again and took profit at 62000 for another 900 points, totaling 1900 points from two trades. Meanwhile, we followed the bearish trend on ETH, entering at 1798 and taking profit at 1760, capturing 38 points. The second short at 1759 to 1730 pocketed 29 points, accumulating 67 points from two trades. The complete market prediction was made before the move, operations strictly followed the analysis, every high and low pressure point was accurately grasped, no missed trades, no trapped positions. Solid intraday harvest results are right there, demonstrating the hard power of stable market control.

From the 4-hour macro perspective, BTC has attacked the same resistance level three times and failed each time. After each surge, there was a long upper wick followed by a rapid plunge, with heavy selling pressure above and a severe lack of bullish momentum. Those brief rallies were just weak corrections during the decline; blindly chasing longs can easily lead to high-level traps. Following the bearish trend is the right path. After the 62500-62900 range was broken, the market structure completely reversed. Former support turned into heavy resistance, and each rebound to this area encounters concentrated selling pressure. Currently, the bearish advantage is obvious. First support is at 61000. Once broken, the downside space opens, with the next target at 59500-60200. The weak market tone remains unchanged; holding longs is extremely risky. Keeping up with the bearish swing is the only way to capture the market dividend.

Thursday Early Morning Trading Strategy
BTC: Short near 62300-62800, target 60800
ETH: Short near 1730-1760, target 1680