7.13 early hours BTC/ETH market analysis Poem Yi views

The market has been churning and ranging repeatedly in a high-position box across multiple sessions. With the current 4-hour price in this round, you can simply re-plan a short-term trading strategy.
BTC key strong resistance is 64,692 and ETH key strong resistance is 1,833. After a round of sideways consolidation and building up momentum, the AO momentum upward push has further slowed. Profit-taking sell pressure in the market is steadily accumulating, and the box-range oscillation trend has been reinforced. The current price is very close to the top suppression level, so the likelihood of a short-term pullback and decline is relatively high. Meanwhile, the long-term bulls’ foundation remains solid; any drop would only be a pullback correction within the box, with no conditions for a continuous large selloff. Avoid betting heavily on the short direction.

BTC (current 64,115):
Place short orders in batches in the 64,200–64,692 range for short-term trading. Take the first profit at 63,800. If support breaks, continue looking toward 63,200. Set stop-loss at 64,850.

ETH (current 1,819):
Enter short orders in batches in the 1,820–1,833 range. Take the first profit at 1,790. If support breaks, look down toward 1,770. Set stop-loss at 1,838.$BTC $ETH