Thursday, stick to your conviction to go short—wait for the wind to come.

This week’s price action has been bouncing up and down repeatedly, and there is currently no clearly one-sided signal. We expect this wide-range choppy pace to run through the whole month of July. Yesterday Bitcoin made a small dip, but the move didn’t continue into the close. Liquidity still doesn’t seem strong enough. Today, you should still participate around the highs—for short-term trading, pay attention to timing the key levels.

After the Asian-session pullback to around the overnight low of 61500, it then returned to the higher-level pressure zone. It is currently consolidating around 62800. On the 4-hour chart, candles alternate between bearish and bullish in cycles. As long as the price hasn’t broken through the middle Bollinger Band pressure line, don’t look for a major rebound. In the afternoon, directly refer to the 63000 area to go short, and leave room in your position sizing to add, increasing your tolerance for errors.

For Bitcoin, short in the 62800–63300 area, enter with a light position, and leave room to add. First target: 61500. If it breaks, reduce your position and look lower to 60888.

For Ethereum, short in the 1755–1775 area, enter with a light position, and leave room to add. First target: 1710. If it breaks, reduce your position and look lower to 1670.

Trading has never been simply about going long or short—it’s a kind of psychological game in the heart. The road is walked step by step, and meals are eaten bite by bite. Don’t rush—everything is on the way. Wait for the wind to come.