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7.16 New Updates
1、BTC
As the market’s tail end comes to a close, resistance: 65,500, strong push to 67,000; support: 63,500
Strategy: long at 63,500 (low entry), reduce position at 65,500, take full profit at 67,000; then open a short again at 67,000, trade the whole time with light leverage
2、ETH
Buy at 1,860-1,870, with 1,875 meeting resistance; the local top lags behind Bitcoin, so do not predict the top yet
3、XRP
Price action is weak; wait for BTC to reach 67,000 and see if there’s catch-up upside. If there’s no setup, exit directly
4、Risk Control
High-range choppy action with repeated wick spikes—reduce position sizing and trade, and avoid frequent stop-losses
Warm reminder: This content is only market interpretation and does not constitute investment advice