July 10, evening analysis

After a 4-hour spike to the upside, trading volume quickly shrank. The bulls lacked strength to continue pushing higher. The Bollinger Bands opened downward, and the midline continued to suppress the price. The RSI was unable to stay above the 50-level long/short boundary at all; bullish momentum was relatively weak. The probability is extremely high that price will surge higher and then fall back in the evening, and every rebound is an opportunity for shorts to enter.

For short-term trading, the bull-bear pivot is 62,500. Only by holding above it can the market maintain narrow-range consolidation; once it breaks down, the price action will return to a downward channel.

Strategy:
BTC: 64,500-64,900, defense 65,300, target 63,800-63,200. If it breaks down, look for 62,500-62,000.
ETH: 1,810-1,825, defense 1,840, target 1,760-1,730#美伊战争阴云再起 $BTC ‌$ETH ‌