7.15 Morning Thoughts

After the violent surge last night, the market has been consolidating and ranging at high levels. Bullish momentum has been weakening, with heavier sell pressure overhead. Attempts to push higher have clearly stalled, and the market is digesting profit-taking through consolidation; in the short term, it is about to choose a direction.

At present, it’s a “tail-end” style market, with strong performance outside and weakness inside—full of traps. The main players are using the consolidation to lure longs and distribute. You can consider a left-side position with a light allocation, betting on a round of pullback.

Big brother: if aggressive, go in directly, aiming at ; if steady, wait for 65,500 , with targets down at 63,000 and 62,000.

Second brother: in sync, if steady, wait for 1,930 ; targets down at 1,800 and 1,770.
$BTC