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Brother Liu's Morning Strategy Analysis for Bitcoin and Ethereum on July 9
The overnight consolidation pattern extends into the morning session, with the market locked in a long-short tug-of-war, maintaining a narrow-range volatile recovery. Short-term resistance above is clear: Bitcoin at the 62500 level and Ethereum at 1755 are key pressure points currently. The current pullback and accumulation present a good opportunity for entering long positions at lows. If the market stabilizes above resistance, the upside space will further open up.
Bitcoin operation strategy:
Pullback to the 61500-61800 range, enter long in batches.
First target 62700, second target 63500.
Ethereum operation strategy:
Pullback to the 1710-1720 range, enter long in batches.
First target 1770, then look towards 1810 if it rallies. $BTC