7.12 BTC/ETH Pie Analysis

Analysis: BTC rebound—do a range play (箜) around 643-646, looking at 640-635, with 650 as the defense level.
ETH rebound—do a range play (箜) around 1800-1820, looking at 1750-1730, with 1840 as the defense level.

Recently, ETH has shown clear independent strength. Not only has it successfully held above the 1800 level, but in terms of price action it has also diverged from BTC: it resists declines when the market falls, and leads gains when the market rises. However, as ETH moves closer to the prior dense trading range, selling pressure from above is gradually becoming apparent. At the current position, the cost-effectiveness of blindly chasing higher prices has dropped significantly. It is recommended to first observe how strongly it holds near the pressure (resistance) level, and beware the risk of a surge followed by a pullback. #美股AI概念股普涨 $BTC ‌