7.16 Awei midday market analysis and trading ideas



On the daily timeframe, the bullish structure remains intact, and the overall trend is still upward. On the four-hour timeframe, the step-like advance continues; after each pullback, capital can quickly take over, indicating that the bulls still firmly hold the initiative. Although short-term indicators show signs of being overbought, the preference is to relieve pressure through pullback-based corrections rather than directly flipping to short.

In terms of execution, continue to look for long entries on pullbacks and trade in line with the trend. Don’t blindly chase higher prices; wait patiently for a better entry location.

Trading suggestions:
BTC: Go long near 64,200–64,800, targeting 65,500–66,500.
ETH: Go long near 1,900–1,920, targeting 1,940–1,980.

The trend is there—pullbacks are an opportunity; if the rhythm is right, profits will follow naturally. Execute when your levels are reached; if not, wait patiently. Manage position sizing well and proceed steadily. $ETH $BTC
BTC-1.02%
ETH-2.49%
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BlueSevenCommunity
· 10h ago
7.16 Awei midday market analysis and trading ideas

On the daily timeframe, the bullish structure remains intact, and the overall trend is still upward. On the four-hour timeframe, the step-like rally continues; every pullback can quickly attract capital, indicating that the bulls still firmly control the initiative. Although short-term indicators show signs of being overbought, the preference is to relieve pressure through pullback-based repairs rather than directly flipping to short.

In terms of trading, continue to maintain buy-on-dips positioning and go with the trend; don’t blindly chase higher prices, and patiently wait for better entry levels.

Trading suggestions:
BTC: go long around 64,200-64,800, target around 65,500-66,500.
ETH: go long around 1,900-1,920, target around 1,940-1,980.

The trend is there—pullbacks are opportunities. If the rhythm is right, profits will follow naturally. Execute when the levels are reached; if not yet, wait patiently, control position sizing, and proceed steadily. $ETH $BTC
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