7.15 early morning BTC/ETH market analysis Shiyuan’s view

News drives a breakout explosion, BTC/ETH swords pointing to new highs??
【Core View】
With macro sentiment warming up and technical breakthroughs confirming, both BTC and ETH have completed a “straight up from dry land” move, and the new leg of the main uptrend has been confirmed to be underway.
1. News: Waller’s testimony releases a “soft landing” signal
The latest testimony by Federal Reserve Chair Waller is the direct catalyst for tonight’s price action:
Inflation stance subtle: While he emphasized the 2% target, he also mentioned “repealing inflation-type tax measures,” which the market interpreted as a sign of fiscal easing.
AI productivity endorsement: He clearly affirmed that AI is materially beneficial to the economy; the tech sector’s sentiment resonated, lifting risk assets back up.
Liquidity expectations: Remarks about “buying Treasury Department debt” made the market sense an opportunity for future liquidity easing.

👉Conclusion: Market panic has eased, and capital is switching from a safe-haven mode back to a high-risk, high-return mode.

2. Technicals: Breakout from the range box, trend established
BTC:
Strong breakout on the 4-hour timeframe above the 64,500 key neckline level. Previous repeated wicks probing were all for accumulation; today’s bullish long candle runs through the moving averages, confirming the breakout’s validity and opening up upside space.
ETH:
Breaking through the 1860-1880 resistance zone in sync, with a pattern even more ruthless than BTC. The base is clearly lifting, and the desire to catch up is strong.

3. Shiyuan’s Suggestions
Strategy: The trend is already formed—do not blindly guess the top and short.
Timing: Aggressive traders can lightly chase longs near the current price; conservative traders should wait for a pullback and enter when 64,500 (BTC) or 1860 (ETH) holds and does not break.
Risk control: If it breaks below the prior breakout high, cut the loss—follow the trend and let profits run. $BTC $ETH