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July 16
BTC morning
At high levels, it is consolidating and ranging. Indicators on the smaller timeframes show a slight bearish divergence at the top, with insufficient incremental buy-side follow-through. Liquidity in the Asia and Europe sessions is slowly recovering, but market sentiment remains cautious and watchful. Most likely, it will continue to range back and forth, and it is not suitable for heavy-chasing upward breakouts.
Strategy:
BTC: Pull back to 64,100-64,500. Support at 63,700. Targets: 65,000-65,500
ETH: Pull back to 1,840-1,860. Support at 1,800. Targets: 1,900-1,930. Breakout to watch: 1,950
Disclaimer: Investing involves risk; enter the market with caution #沃什重申坚守2%通胀目标 $BTC