7.12, Sunday7️⃣, all day



Bro, on this side the sell pressure above is clearly visible. Every time, it gets pushed back; the “do head” basically can’t take the strength. On the daily timeframe, the supply volume is still continuously releasing. Instead of fighting the sell pressure, it’s better to follow the trend: find the suppression point near the sell-pressure area to enter “k-dan,” it’s more comfortable.

Recommendations:
Big BTC: around 64,200 - 64,700 (k)
Target: around 63,000 - 62,000

ETH: around 1,810 - 1,850 (k)
Target: look down at 1,770; if it accelerates with volume, then look at 1,710
BTC-3.10%
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FrictionlessFred
· 07-12 12:44
This range has been repeatedly tested but can’t break through; the bulls do have an advantage, I followed.
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StardustUnderTheGlassDome
· 07-12 12:31
On the daily timeframe, the “kōngtóu” is still distributing on rising volume. The risk of a reversal is greater than the potential upside. It’s more comfortable to follow the trend—aim to see around 62,000.
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GasUnderTheMoonlight
· 07-12 12:01
This level around 64,200 has failed several times. This time, if the volume isn’t right, we’ll offer our respect first.
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