🔔7.9 Thursday, the market is moving according to the script, and the real watershed will come around midnight.

Market review: During the day, short positions increased to around 63,700, then dropped to around 61,500.

The following is purely personal chart observation, technical discussion, and does not constitute any investment advice:

Macro news: As mentioned in the previous article, we need to pay attention to the situation between the US and Iran. A new round of strikes has just been implemented, along with coordinated oil sanctions exemptions. As we said before, the temporary MOU is a smokescreen. Focus on situation developments, and also pay attention to tonight's Federal Reserve interest rate decision meeting and the impact of Waller's speech.

Chart data: Daily level long volume is decreasing, currently forming two consecutive bearish candles, gradually forming a downward crossover. Weekly K-line turned from bullish to bearish. At the 4-hour level, short volume is increasing, forming a downward crossover near the lower band. At the hourly level, short volume is gradually decreasing, with the curve moving downward.

Key resistance above: 62,500, 63,200, 64,500; focus on the 63,000–61,500 range.

Key support below: 61,300, 60,800, 60,300; if broken, watch the 59,800–59,000 range.

ETH resistance above: 1,740–1,765–1,785; support below: 1,700–1,680–1,660.

Trading idea: Short volume is increasing, trend is downward. Can consider shorting on bounces. Actual trading should be based on real-time opportunities, taking profits within the range.

This content is Mr. Zhao's personal study review and purely personal market discussion, not investment advice. Make sure to plan and manage risks before trading, view market volatility rationally. Feel free to ask any questions.

#GUSD年化升至3.8% #美终止对伊朗石油制裁豁免 #世界杯冠军预测