7.15 midday market analysis

BTC in the morning closed with a large bullish candlestick, and the daily chart ended the three-day streak of consecutive red candles
Last night, driven by the CPI data (with a wick), BTC instantly surged, rising by 2,500 points. As of the U.S. stock market close this morning, all three major indices finished higher
In the past 24H, the whole network saw 69,901 liquidations, totaling $353 million. Long liquidations were $67 million, shorts were $286 million, with the main liquidation coming from high-leverage short positions
According to the liquidation map, the dense high-leverage short positions are concentrated in the 6.51-6.55 range, while the high-leverage long positions are concentrated in 6.38-6.43; if the market makers pull back by 2,000 points, almost all the high-leverage longs will be liquidated, truly forming a long-and-short double liquidation
The price action has broken out of the consolidation range, surpassing the resistance at the top of the box. Next, the market needs calm observation of the trend. Only if it continues to form the familiar consolidation range can traders enter. If the price breaks below the 6.44 support, a pullback wave may follow, with multiple market-maker double liquidations and intent being clear. Shorts should patiently hold and wait
BTC trading suggestion: short around 65,000. Take profit at 64,500-63,900-63,000-62,200, stop loss at 65,800
ETH trading suggestion: short around 1,880. Take profit at 1,860-1,820-1,780-1,750, stop loss at 1,950