7.13 Evening BTC/ETH Position Analysis



The rebound high-altitude plan from the midday outlook has already been implemented and delivered. The overall market environment lacks the momentum to keep pushing higher, so most of the upside room has essentially closed.

On the one-hour chart, a double top formed and faced resistance before rolling over. Price broke below the Bollinger middle band, the channel turned downward, and the previous trading range has shifted into resistance—bearish conditions are now in control.

Trading plan:
BTC: On pullbacks in the 63,000-63,500 range, place orders at 63,000-63,500, with targets at 62,000-61,000.
ETH: On pullbacks in the 1,790-1,810 range, place orders at 1,790-1,810, with targets at 1,750-1,700

Tips:
The above analysis is Muyu’s personal analysis. The market changes in an instant; the content is for reference only and does not constitute any investment advice!
$BTC $ETH
BTC-1.79%
ETH-1.35%
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GateUser-7df43e29
· 10h ago
The double-top structure is moving quite normally. After the middle rail breaks down, the rebound is indeed lackluster; however, around 63,000, you should watch for a false breakout—make sure your stop-loss is set properly.
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