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July 17 BTC/ETH Market Daily Report丨Stop chasing pumps and dumping—current price isn’t suitable for blindly shorting! Focus on these levels!
《Jiang Feng Trading Diary》Episode 7: Candlesticks and indicators are only the result of price, not the reason for price.
First, let’s review yesterday’s market: Bitcoin’s price matched expectations, steadily probing lower. In Episode 6, I mentioned a short at 64,700; after the highest rebound around 64,870, it started to probe down to around 62,655. Both the first and second targets were reached. The article included specific entry points for reference—continue reading patiently and finish 👇
The shorts from the BTC 65,400 and ETH 1,910～1,937 in the third episode of the July 15 trading diary have already completed the second target! Remember to reduce positions in time, then continue the game!
Now let’s talk about today’s outlook: shorts are dominant! Risk index: 🌟🌟☆☆☆ (steady approach)
BTC: On the rebound, consider entering short orders near 63,800～64,200～64,600. Targets to watch are below at 62,800～61,800～61,000～60,000
ETH: On the rebound, consider entering short orders near 1,860～1,888～1,907. Targets to watch are below at 1,820～1,750～1,700～1,630～1,500
Why not recommend shorting at the current price? Jiang Feng believes price is currently right around a short-term support area and may see a small, short-lived rebound—so wait patiently for the rebound before considering high-side shorts! As for the earlier shorts at 65,400, 64,700, 1,937, and 1,910—after trimming, just keep holding them!
#PreIPOs第二期OpenAI认购 #GateDEX全面接入RobinhoodChain #台积电Q2净利暴增77.4% $BTC $ETH $SOL