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7/14 BTC Midday Thoughts
After the market saw a sharp drop the previous night, the price has continued to trade in a low-level, narrow range. In the short term, indicators are balanced between bulls and bears. When price moves upward, trading volume can’t keep up. The overall midday trend is weak. As long as the price rebounds slightly, it’s suitable to sell on the highs.
Reference ranges:
BTC: Sell on the rebound in the 63,000-63,500 range; target 62,200-61,800
ETH: Sell on the rebound in the 1,790-1,880 range; target 1,750-1,730
#BTC #ETH