7.14 Tuesday afternoon session2️⃣

On geopolitics, the situation between the US and Iran has tightened, directly pushing oil prices up; inflation expectations are also climbing. The hoped-for rate cut has once again been doused with cold water, and risk assets overall are under pressure. Now look at the liquidity: spot for BTC and ETH has seen consecutive net outflows, and institutions clearly don’t show willingness to step in. Even “buying” (bids) doesn’t have enough confidence. On the tape, a wave of continuous “buying-burn” leads to a chain of liquidations, and sentiment has already swung in favor of “bears.”

Technically, it’s more straightforward—BTC’s 4-hour chart printed a large bearish candle. After the MACD formed a death cross in the high range, it opened and moved downward. In the short term, the bear structure is clear. The overhead pressure zone is at 63,000~63,500. For ETH, this rebound attempt topped around 1,848 and then plunged sharply back down. Indicators are weak across the board. The bearish force is even harsher than BTC’s, and the resistance level has shifted down to the 1,800~1,820 range.

Suggestions:
BTC: Consider shorting “fat” opportunities in the 63,000~63,500 range during the rebound/defense. If it retraces back near 61,800, you can look for a rebound.
ETH: Place “bears” in the 1,800~1,820 area; if it drops to around 1,748, consider a short “bull-trap.”

The overall thinking stays the same—follow the trend. Rebound/short “fat” and long “bears” is the main theme; short-term “bear” positioning is only auxiliary. Keep defenses tight and follow strict risk control. #PreIPOs第二期OpenAI认购