7.16 early morning BTC / ETH



At the moment, the bulls haven’t fully turned yet, but pushing upward has become increasingly difficult. Whether it can continue to rise is the most critical next step. If the 65,500 level can’t be held even after repeated back-and-forth attempts, it means the sell pressure above is especially heavy—then in the second half of the night, you can’t keep hard-fighting the bulls for short-term longs anymore; you need to immediately switch to a pullback-focused mindset.

As long as there hasn’t been any real easing in the situation on the U.S.-E.U. side, the bulls are like they’re tied up and can’t break into a smooth, continuous-uptrend.

Short BTC around 65,500, targets 64,500 and 63,500
Short ETH around 1,950, targets 1,900 and 1,850$BTC $ETH #BTC反弹触及65000美元
BTC-0.37%
ETH1.99%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned