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July 12 (7.12) BTC/ETH evening outlook
BTC briefly surged to 64,100 and met resistance before falling back; it is currently ➕ 64,045.5. Near-term resistance is 64,057.1, with support at 64,040.1. Short-term moving averages are tangled horizontally to form a suppression; the surge lacks follow-through in volume and the rebound strength is insufficient, so the overall consolidation bias remains weak.
ETH surged to 1,809.83 before stalling—unable to continue pushing higher. It then saw a pullback pattern in tandem. Currently ➕ 1,807.59. Resistance is 1,808.54 above, with support at 1,807.24. After topping with a volume spike, it quickly saw volume shrink; upside momentum is overextended, and it is under near-term pressure.
Trade plan
BTC: In the 64,000–64,100 range, do longs on pullbacks (箜). Target: 63,500
ETH: In the 1,800–1,810 range, do longs on pullbacks (箜). Target: 1,780$BTC #ETH$ETH