2026.7.17 evening market update. Current price, after bouncing back from the purple line area in the chart, has overall pushed up and then pulled back. BTC’s overall trend has shown a high-level retracement. ETH has made a move to retest a neckline area, pulling back in that zone. The overall market action matches expectations. In terms of our trading approach, we recommend mostly staying on the sidelines or going long on dips. We’re currently in a phase where the outlook is bearish and we do not open shorts. There’s a relatively high possibility of further pullback here. After the retracement, Fengye expects another upward move. Overall, the recent trend has consistently been centered around a low-long strategy. In the U.S. stock storage sector, Micron and SanDisk have both already reached a good long-term entry point. Fengye has also bought Micron and SanDisk at (roughly) the lowest levels. Overall, the recent market structure has been relatively orderly, with no major one-way move. Every night, Fengye shares real-time trade updates and strategy trading technical analysis in the live room. If you feel Fengye’s analysis is good, please follow. From Monday to Friday at 8:30 PM, the live room shares the latest market updates and interpretations.