7.11 BTC & ETH morning analysis — Luo Yisi’s approach

Overall trend: ranging with a bias to weakness. Follow the trend—hold patiently in high-position short setups, waiting for the move downward.

Market recap
Earlier today, BTC is trading around 64,100 and ETH around 1,790. Overnight it surged into resistance, then kept falling back for consolidation and adjustment. The price action fully matches the prior forecast. The rebound strength has remained weak throughout; heavy sell pressure sits overhead. Any modest rebound is only a short-term price correction, with the bearish tempo dominating the market the entire time.

Market analysis
BTC and ETH are moving weaker in a synchronized rhythm. Overhead resistance is solid and stable. In the short term, bullish momentum is gradually exhausting. The current rebound room is basically fully utilized. Bearish power has built up sufficiently, and there is plenty of downside space ahead. The overall structure remains bearish and unchanged, with no reversal signals.

Trading suggestions
BTC
Entry range: 64,200–64,500
Stop-loss level: 64,900
First target: 63,400–63,000
Second target: 62,500

ETH
Entry range: 1,795–1,810
Stop-loss level: 1,835
First target: 1,750–1,720
Second target: 1,690

Stick firmly to the high-position short idea and hold steadfast in a bearish direction. The risk-control logic for where to short was already given to everyone in advance. The logic for going short on rebounds is explained clearly—if you understood the rhythm, who didn’t take a big bite of profit?
Do you have to wait until the selloff is fully played out before realizing it too late?

Risk warning: This kind of volatility is extremely high. This content is only for reference of ideas and does not constitute any investment advice.
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