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7.14 BTC evening outlook
On the 15-minute timeframe, after probing the intraday low at 61806, price stabilized and rebounded, pushing up toward the 62896 area where it met resistance and stalled.
Price is running below the upper band of the Bollinger Bands; upward momentum is gradually weakening. In the short term, it has entered a range-bound, choppy setup—don’t chase longs aggressively. Wait for a “rally capped by resistance” signal to look for a short; after a pullback, once support holds and stabilizes, then consider going long on the dip/at lower levels. Trade lightly within the range, keep tight risk control, and avoid getting whipsawed by back-and-forth price action.
Thoughts & positioning
BTC: 63500-63000 range, target 62500, break above 61500
ETH: 1820-1840 range, target 1770, break above 1720#BTC #ETH