7.18 early morning trading idea



BTC from the anti-Tomato paste point 65588, stepping down in a staircase all the way, with consecutive bearish daily candles to fully lock in the head structure. Throughout the entire move, it has been tightly suppressed by short-term moving averages; every small rebound anti-Tomato fails to bring enough volume to push higher. The head’s ability to absorb capital is extremely weak, and the overhead trapped sell pressure keeps shifting lower. The 4-hour MACD has been running a dead cross downward; the head momentum continues to release. At this stage, the low-range sideways chop is only power accumulation and rest during the downward iteration, not a stabilization and reversal signal. Blindly bottom-fishing can easily get trapped halfway up the mountain.

BTC rebound/anti-Tomato around 64100-64600, with targets at 62700-62200.
ETH rebound/anti-Tomato around 1860-1900, with targets at 1800-1760.
$BTC $ETH
BTC-0.08%
ETH-1.93%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
Add a comment
Add a comment
FedsTail
· 3h ago
I mostly agree with my brother’s view, but I still want to remind you: even though the bearish trend is clear, low-level consolidation could spike any time and trigger a lot of downside. If you’re shorting, you should wait until the bounce is fully in place—don’t chase shorts. Safety first. Also, support for BTC at 62,200; if that level breaks, it could accelerate the drop, but if a rebound appears on increased volume, you need to stay alert.
View OriginalReply0
StopLossSamurai
· 3h ago
Catching a dip is just catching a falling knife—wait for a confirmation signal on the right.
View OriginalReply0
CommJudge
· 5h ago
This wave of bears is really strong—there was no strength in the rebound, so I followed it.
View OriginalReply0
HODLFarmer
· 5h ago
The analysis is very well done. A MACD death cross combined with moving-average suppression means that, in the short term, there’s no sign of a reversal. Continue to focus on selling/shorting from higher levels, but pay attention to position management.
View OriginalReply0
  • Pinned