7.17 morning market analysis ideas

The weekly line closed with a long upper wick. After the rebound head pushed up and faced pressure, sell-off pressure from the market kept accumulating, and a top pattern on the board📶 gradually became visible. If a second attempt to probe the high fails to break through, 🌊 the situation will usher in a deep pullback. On the daily line, the “resistance points” continue to shift downward, a downward channel is gradually taking shape. Resistance is an opportunity to go short; on smaller timeframes, the rebound head lacks momentum, and a small rebound resistance move cannot last, so the short-term outlook remains focused on a bearish “rebound head” setup.
BTC: Short in the 64,200–64,700 range
Target: Around 62,800–62,400.
ETH: Short in the 1,890–1,910 range
Target: Around 1,825–1,800#比特币 #币圈