7.16 early hours: BTC / ETH



Right now, the bulls haven’t fully turned around, but pushing upward is getting harder and harder. Whether it can keep rising from here is the most critical step. If it can’t hold above 65,500 even with repeated back-and-forth moves, it means the sell pressure overhead is especially heavy—then in the second half of the night, you shouldn’t keep grinding with the bulls on short-term longs; you need to immediately switch to a pullback-focused mindset. $BTC

Until the situation in the US and Europe shows any real easing, the bulls are like they’ve been tied up—unable to break out of a smooth, continuous uptrend. $ETH

BTC short around 65,500, targets 64,500 and 63,500
ETH short around 1,950, targets 1,900 and 1,850
$EVAA #BTC反弹触及65000美元
BTC-0.40%
ETH1.98%
EVAA-0.76%
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MetalFrameBookPageCross
· 6h ago
65500 is definitely a tough level to deal with. If you can’t hold your position, the bulls really feel uncomfortable—wait and see.
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FinanceMartingale
· 6h ago
Short positions are already in place, but I only dare to chase after it truly breaks down; for now, I’m watching the chart.
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ForgotEverythingAfterMinting
· 6h ago
Over on the US side, things haven’t eased. The bulls are like dancing with shackles—they can’t break through either, and that’s normal. Just wait for the signal.
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DigitalCicada
· 7h ago
This analysis is credible. If 65,500 fails three times, you need to be on alert—protecting profits is more important than being greedy.
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