7.13 Morning Market Outlook

Judging separately from the 4-hour and 8-hour charts, last week’s overall market kept running in a range-bound consolidation, with no successful breakout above the range high and no breakdown below the range low. Bulls and bears repeatedly pulled at each other, resulting in a stalemate.

The 4-hour and 8-hour big-picture trends remain in a sideways ranging structure. After a second push higher near 647 on Friday, it fully entered range-bound volatility. The 647 ceiling has strong suppression, and the market has repeatedly tested without managing to set a new high. Signs of pressure are very clear. The key support below is at 635. At this stage, price oscillates back and forth around the middle of the range; long/short momentum is relatively balanced, and short-term small rises or drops cannot change the range structure.

Today’s Monday plan remains firmly focused on rebounding, with selling-on-rallies as the main approach. Wait patiently for the push-up and resistance window. Enter in the 646-651 range to do shorts. Once the 635 support below is effectively broken, the downside shorting space will be fully opened, and then look toward the 619 area. Any upside within this current range is still just range-based repair; if the rebound reaches the target, it remains a short opportunity. Enter with strict position sizing and risk control. $BTC $ETH #美股AI概念股普涨