Thoughts and Operation Suggestions for BTC and ETH on July 9:

Thoughts:
BTC's current price is near the 628 dual resonance resistance level. This level combines Gann's 15-minute 1×1 trend suppression and Gann Octave resistance. Earlier, the market saw a 500-point range with both long and short liquidations. Short-term long profit-taking has accumulated significantly in the market, while the momentum of rebound buying continues to weaken. As prices rise to higher levels, selling willingness increases. Although the medium-to-long-term bullish trend has not completely reversed, short-term rebound space is locked by resistance, making it difficult to directly surge toward the 70,000 high. The probability of a pullback testing support at 61,000 and 60,800 is relatively high. ETH's current rally is only 0.22%, significantly underperforming BTC's 0.41%. Without independent positive catalysts to drive the market, ETH can only passively follow BTC's movements. Its bullish momentum is relatively weak. Once BTC starts its pullback, ETH is likely to experience a larger supplementary decline, making short-term swing shorts attractive in terms of risk-reward.

Operation Suggestions:
Open short positions in batches at BTC 62,800 and ETH 1,770.

Take-profit targets for shorts: BTC at 61,000 and 60,800; ETH take-profit set at 1,720 and 1,680.
#GUSD年化升至3.8% $BTC $ETH