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7.10 Morning Market Analysis
After hitting resistance yesterday, the trend turned weak. 64,692 and 1,833 are key resistance. The four-hour bullish momentum is weakening. The risk of a pullback after a rebound is high. Do not chase longs.
BTC: Short at 63,500-64,000 range, first target 62,300, break below to 59,000; go long on stabilization at 58,300-62,300, take profit 62,900-64,692, stop loss 58,000.
ETH: Short at 1,750-1,833, target 1,730, break below to 1,564; go long on stabilization at 1,564-1,730, target 1,750-1,833, stop loss 1,540.#btc $BTC