7.15 early morning

After experiencing a continuous decline and adjustment throughout Monday, BTC dipped to and stabilized around 61806 this morning, then began a steady consolidation-and-repair. Later in the evening, the CPI data played out in a favorable way, directly prompting “to the bulls” funds to concentrate and push hard, rallying strongly and reaching as high as 64162.

ETH’s走势 closely mirrored BTC’s movement. After reclaiming the 1748 support in the early hours, ETH formed a slow bull repair structure during the day. In the evening, it followed BTC’s accelerated rise; not only fully regained the prior day’s range loss, it also broke above the short-term consolidation high, surging toward the 1882 area, with short-term rebound momentum relatively strong.

From the perspective of the cycle structure, the daily chart overall maintains an alternating yin-yang consolidation rhythm. It used the news catalyst to print a single bullish rebound, but within the smaller cycles, price has always been repeatedly fighting around the moving average’s mid-band. The “bull-bear” contest is extremely intense. At present, the daily mid-band is the key “bull-bear” dividing line in the short term: holding above it would extend the rebound structure, while an effective breakdown would tilt advantage back to the bears.

On the 4-hour timeframe, although a large bullish candle with a long upper wick was closed, this current rally was entirely driven by the news catalyst. According to historical patterns, data-stimulated rallies generally have short-lived, quick-in-and-quick-out characteristics—after the impulse upward, it’s easy to see a spike and then a pullback, and follow-through is not solid. Therefore, in the early hours, it’s suggested to do a short “buy-side drop.”

Recommendations
BTC: If it doesn’t break 650, buy the dip, target 641–635
ETH: Buy the dip at 1890–1920, target 1820–1750