July 16, midday


At present, BTC Boll shows a spike-top bearish divergence structure. After the price spiked up to the 65,571 level to complete the top-burst momentum release, it continued to fall along the upper Boll band. The upper edge of the band gradually leveled out and narrowed; the previous strong upward driving force has completely died out. The top-cycle RSI also shows momentum falling step by step. Short-term indicators have already dropped into a neutral-to-slightly-worsening area; top-burst volume momentum is insufficient, and in the short term it’s hard to form an effective rebound repair.

Recommendation
Go short around 65,000-65,500 for BTC.
Target 64,100-63,300.

Go short around 1,940-1,970 for ETH.
Target 1,840-1,890.
BTC1.21%
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ChartAudience
· 07-16 06:24
RSI has fallen back to neutral-to-bearish, but the big cake has been acting unpredictably lately, so I’ll just watch for now and wait until 64,100 is truly reached before considering adding longs.
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MultiChainPatrol
· 07-16 04:12
From 1940 down to 1840 with “èr bǐng”? That volatility is a bit too aggressive—I’m cautious, so I’ll test the waters with a small position first.
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LazyTreasury
· 07-16 04:02
This analysis is pretty detailed. The Bollinger upper band leveling off is indeed a signal, but if you’re shorting around 65,000, make sure your stop-loss is set correctly—if there’s a spike, it’ll be uncomfortable.
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