Friday Summary, July 11 Saturday Early-Morning Bitcoin and Ethereum Market Analysis and Trading Suggestions

In the market’s game of strategy, there is no ever-lasting champion—only traders who know how to stay calm amid noise and seize the tempo amid fluctuations. Looking back at yesterday’s market, the overall price action broke out of a range-bound upward trend, approaching the prior high. In the early session, it started a rebound and upward repair anchored at the earlier low of 62,500 support. The bulls kept pushing higher, gradually approaching the earlier stage high at 64,691; BTC peaked at 64,680, just one step away from the prior high, failing to break through. It then entered a high-level sideways consolidation and tug-of-war range.

Today’s on-chain layout tips: the pending orders set in advance for the bullish side were successfully stopped and taken for 968 points on BTC, while ETH simultaneously captured 35 points; afterward, for the orders placed around the resistance zone that ended up in a small drawdown trap, there’s no need to panic—just wait for a pullback.

From the current market structure, although the intraday low has edged higher and there are hints of a possible break above the prior high of 64,691, it’s important to note that the current high has not been effectively broken. The volume and momentum are also insufficient; multiple upward attempts failed to successfully stand on the key level. This is a high-level stagnation and consolidation phase. If it keeps failing to break through the prior high with strong volume, a pullback is likely needed.

Daily timeframe: the Bollinger Bands are converging and moving sideways, close to the upper band, with an upper shadow on the candlestick; overhead resistance is clear. Four-hour timeframe: the Bollinger Bands have opened slightly upward, but the upper band pressure is extremely strong. There’s no follow-through with a large bullish candle, forming a high-level stagnation pattern. Hourly timeframe: the candlesticks repeatedly touch the upper band and then print long upper-shadow candles; the bulls’ push has no strength. The bodies of bullish candles continue to shrink, and there hasn’t been an effective break above the strong resistance zone of 64,000–64,691. It has now fallen back below 64,000.

At high levels, prioritize placing orders around key resistance; don’t chase orders carelessly.

BTC: place buy orders around 64,600; targets 63,400 → 62,500
ETH: place buy orders around 1,808; targets 1,777 → 1,725
#预测世界杯西班牙VS比利时 $BTC ‌$ETH ‌