July 17

BTC Midday
At the high end, it’s ranging and chopping, with short-term cycle indicators showing a bearish divergence. Bulls lack buying support. Liquidity at midday is weak, and the probability of an upside breakout is extremely low. The most likely near-term trend is a modest pullback to digest floating gains; it’s not suitable to chase in with a heavy position from a high level.

Strategy:
BTC: 63,000-63,500—hold; defense at 62,500; target 64,300-65,000; a breakout would look for 65,500
ETH: 1,820-1,840—hold; defense at 1,800; target 1,900-1,950

Disclaimer: Investing involves risk; enter the market with caution