July 10 BTC/ETH Rice God Strategy


From a news perspective, geopolitical disturbances persist, but the market has become noticeably desensitized. The latest version of the market structure bill, the Clarity Act, may be released as early as next week. Sources say this is the final push for legislation before the end of July, but consensus is still lacking. Before the CPI data (July 14) is released, the market will likely continue the volatile range-bound pattern as predicted in Rice God's previous strategy. Directional moves will need to wait for the data to land.

BTC: After the recent pullback confirmed the support platform at 60,800-61,800, it is now moving in a stepwise upward trend, which is a positive sign. Step by step, the clear steps ahead — 62,888-64,150-65,400-66,750 — form three boxes that still need to be conquered by the bulls. Taking the top level would open up huge upside space. Both longs and shorts have opportunities. Shorts can use the box upper rail as defense. For example, if you shorted within the nearest box range of 62,888-64,150, you need to exit and avoid risk if it breaks above 64,150. For additional longs, use the lower rail as defense, enter at a position within the range, or use last night's low of 62,500 as defense, which is also good. There is plenty of upside space. (See chart for details)

ETH: After the recent pullback to the upper rail of 1,669-1,715, it simultaneously started a rebound. It is now challenging the dense chip zone of 1,755-1,790. A large bullish candle just broke through the middle axis. For additional longs, use 1,755 as defense, or use the starting point of the rally at 1,735 as defense to look for the upside space to the upper rail at 1,790-1,825. For additional shorts, use the upper rail as defense. In a volatile range, patience is key. When a good position is given, do not hesitate. (See chart for details)
#特朗普宣布美伊停火结束 $BTC
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