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July 13
BTC midday
During the midday session, BTC held a narrow range of 62,800-63,900, with weak follow-through from buy-side momentum, leaving the bulls without sufficient stamina. In the short term, the trend center is slowly drifting downward; in all likelihood, during the midday it will repeatedly test overhead resistance, then pull back under pressure, without a one-way trend.
Strategy:
BTC: On rebound to 63,900-64,400, consider shorting; defend at 64,800; target 62,500-62,000
ETH: On rebound to 1,810-1,830, consider shorting; defend at 1,850; target 1,780-1,750
Disclaimer: Investing involves risk; enter the market cautiously #伊朗宣布关闭霍尔木兹海峡 $BTC