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July 13 BTC/ETH Market Analysis
The weekly-level downtrend remains unchanged. The price action has already formed a bearish-dominant setup. The current rebound is only a technical correction, intended to build momentum for the next leg lower. It does not yet have the conditions for a reversal—do not overinterpret it.
Trading recommendations:
BTC: Sell in the 63,500-64,000 range. First target: 62,100. After a breakdown, watch for around 61,100.
ETH: Sell in the 1,795-1,815 range. First target: 1,740. After a breakdown, watch for around 1,700.
$BTC $ETH