$BTC Friday recap and 7.11 early-morning thoughts share


Market recap: Overall, the market on Friday trended slightly upward throughout. In the morning, it pushed up and hit the 64,000 area, then followed by a small pullback. In the evening, it came again to the prior high at 64,680, and then once more pulled back to.
Positioning summary: Within the day, we placed two trades. As price kept moving higher, we stayed cautious and focused on stability. For the big BTC: one trade, entered at 64,400 and exited at 63,900, capturing 500 points of upside space. For ETH: one trade, entered at 1,808 and exited at 1,786, capturing 22 points of upside space. Long-term winning in trading relies on restraint rather than aggressiveness. There are endless temptations in the market—be sure not to hold a lucky-chance mindset and gamble with oversized positions. Learn to give up unclear opportunities and only trade the market you can read. Keep a calm mindset and let progress come steadily over time. Endure the up-and-down fluctuations on the chart, and hold the line on risk control—accumulation over time is the long-term way out for traders.
Although the price has broken through the phase’s second-highest level, after multiple tests it still hasn’t managed to set a new high above 64,691 (the prior high). Resistance overhead remains heavy, so the earlier high-to-short positioning idea still holds. From the 1-hour chart, after the price surged, it quickly pulled back; the entire up-move occurred on shrinking volume, with a lack of incoming incremental capital. After the spike, selling pressure from the shorts showed up accordingly. On the 4-hour line, this rebound still lacks成交量 (volume) confirmation—it's only a repair move after a big drop. Looking at the daily timeframe, this round of上涨 (rise) also came on shrinking volume and a push higher. Across multiple timeframes, it is jointly confirmed that there isn’t a large amount of off-market capital entering to support the trend from continuing to climb. Until the market has volume and holds above the prior high, we should keep insisting on the high-to-short approach and avoid blindly going long just because of short-term upside temptations.

Saturday early-morning trading strategy
BTC: Short around 64,300–64,800, target 63,000
ETH: Short around 1,800–1,820, target 1,770
BTC0.52%
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