July 16 BTC/ETH Mi Shen Strategy

The situation in the Middle East is still ongoing, but today there are temporarily no signs of a larger-scale upgrade. Just now, South Korea triggered the pause mechanism for algorithmic trading again. In the near term, chip stocks are still in a phase of strong divergence. Keep an eye on whether sentiment from the stock market is transmitted into the crypto market.

BTC: In the night session, the technical setup reached the upper rail of the second range, but it failed to hold steady. It is now pulling back to confirm support. Pay attention to the support effect of the lower rail of the second range at 64,100. If price breaks down and returns to the midline of the first range near 63,500, you can consider adding longs. Use the lower rail of the first range at 62,888 as defense. If 62,888 breaks, be on guard for a higher-level trend reversal. The upside targets still remain the three major ranges, and the levels are fine. If it can get past 66,700, it can open a huge space above to 71,400. (See chart for details)

ETH: After yesterday’s sideways consolidation above 1,855, the night session directly chose to break through. It is currently confirming at 1,909. For the “second coin,” the technical structure is stepping higher—one step at a time—while the amplitude of the “second coin” is large, the levels are easier to confirm. Ahead, 1,965–2,015 is the February long-term consolidation platform, and there is some trapped-position selling pressure there. So in the short term, watch for an opportunity near the top. The “top” target zone is 1,825–1,855. (See chart for details)#PreIPOs第二期OpenAI认购 $BTC