7.12 evening Silk Road

BTC first surged to 64680 and hit the top point, then the upward momentum directly died out. Several attempts to push higher failed to break the top point, and overhead pressure is especially heavy.
Now it’s just grinding back and forth around 64000. The rebound strength is very weak, and there’s little capital willing to enter for the long/position-taking (“buy the dip”). A lot of profit-taking sell orders have accumulated at the top level, so in the evening the market is likely to consolidate with a downward move to adjust.

BTC if it reacts around 64600-65100, look toward 63200-62700
ETH if it reacts around 1830-1870, look toward 1770-1730
$BTC $ETH