July 16 BTC and ETH evening trading outlook

After a round of price spike to the upside, short-term indicators have clearly shown a lack of momentum for further gains, and the incremental new off-exchange inflow of capital is quite limited.
Trading activity in the evening market will be more active, and the battle between bulls and bears will intensify noticeably. Overall, the market is likely to keep ranging back and forth with volatility. Intraday, there will be frequent false-breakout moves used for stop-run/whipsaw. Try not to get dragged along by short-term price ups and downs; frequent opening and closing positions easily leads to unnecessary losses.

Trading plan:
BTC pull back to the 63,500–63,900 range for low-buy long entries. Place a stop-loss defense at 63,000. First target: 64,900–65,600. If bullish momentum keeps strengthening, look further up to 66,000.
ETH dips to the 1,830–1,850 range for dip-buy long entries. Set stop-loss at 1,800. First, aim for the 1,900–1,950 target range.

Warm reminder: In a choppy, range-bound market, there are many traps—manage position sizing well. This article is only for sharing market thinking and does not constitute any investment advice.
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