7.10 evening trading thoughts

In the Asia/early phase, the main benchmark first pulled back to around 62,897, then quickly rebounded and pushed up to 64,400. After the push-up, the upside momentum was insufficient, and the overall market shifted into relatively weak consolidation.

The other benchmark moved in sync. After pushing up to 1,779, it entered a horizontal range for consolidation. The hourly chart printed a pattern of two bullish candles engulfing one bearish candle. Recently, many bearish candles have been doji stars, bullish candle bodies are relatively small, and the breakout momentum is weak. The trend is moving up slightly, but it has always remained in range-bound consolidation. Multiple attempts to test the upper resistance level failed to achieve an effective breakout.

For BTC: if it rebounds around 65,000–65,500, the target is seen toward 63,500–62,800.
For ETH: if it rebounds around 1,820–1,850, the target is seen toward 1,760–1,720.

$BTC $ETH #预测世界杯西班牙VS比利时