July 17


BTC evening
The Bollinger Bands shifted from opening upward to narrowing and moving sideways, then slightly turned downward. The price fell back below the Bollinger middle band, breaking the long-side structure. In the short term, bears take the initiative, but it’s hard to see a one-way market.
Strategy:
BTC: 62,300-62,600 (range trading), defense at 61,800, target 64,500-65,000
ETH: 1,810-1,830 (range trading), defense at 1,780, target 1,870-1,900
Disclaimer: Investing involves risk; enter the market cautiously.
BTC0.32%
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SeedPhraseAmnesia
· 11h ago
Bollinger Bands tightening does indicate consolidation, but your defense level feels a bit low. A pullback to 61,800 could easily break through. It would be better to wait for a rebound and confirmation before entering.
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WhitepaperByTheRoadside
· 12h ago
For short-term trading, it’s better not to chase too much; watch out for needle-like spikes.
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