7.17 Evening Trading Plan



Buju’s Kong strategy earlier in the afternoon has successfully reached the first target area. After the market dipped, it still failed to move out of a decent rebound, and overall it has stayed weak with a sideways, consolidation-like trend in the low range.
The lowest point on the board pulled back to 62655. It is currently hovering around 62700 and lingering under pressure. In the short term, the moving averages firmly suppress upward movement; the rebound strength is extremely weak. Overhead pressure points continue to step down— the 63000-63200 range has completely turned into strong short-term resistance.

The daily chart has continued to close with consecutive bearish candles and trend downward. The Kong trend structure remains intact. In the afternoon, there was a narrow-range, small bearish consolidation, which clearly shows that the doudou funds have absolutely no intention to take over. At the moment, technical indicators have entered an oversold and dulled state—do not blindly enter to bottom-fish. Overall, the trading approach still sticks to counter-rebound (fan tan) Kong as the main focus.

BTC counter-rebound: Kong around 63700-64200; target looks at 62200-61700.
ETH counter-rebound: Kong around 1860-1900; target looks at 1800-1760.
$BTC $ETH #美军结束对伊朗新一轮打击
BTC-1.44%
ETH-2.35%
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MetaMaskSelf
· 5h ago
The analysis is very solid. Currently, the technicals are in a bearish order; being oversold doesn’t mean an immediate reversal. Any rebound is an opportunity for shorts. But pay attention to whether the 62,500 support level breaks; if it does, the move could accelerate. Consider trading with a light position.
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ArbitrageHunter
· 5h ago
Followed—waiting to eat the gains.
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LayeredDefense
· 6h ago
This market is indeed weak; the rebound strength isn’t enough. Continue to look for a downside move to 61,500.
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