July 18th Linmu early morning BTC and alt strategy analysis

In the early morning, the market saw a pull-up in a way that entices longs. Although the price’s focus rose, trading volume did not effectively support it, and short-term indicators showed signs of a top divergence. This kind of slow grind that goes “up two, then back one” is the easiest to drain bullish momentum; it is often followed by a sharp drop for correction. The overall high-short mindset remains unchanged: the EMA moving averages overhead are still suppressing price. Do not be misled by intraday rebounds into chasing longs. In terms of execution, patiently wait for a failed push higher; after a confirmation of a stall/ascent-without-follow-through signal, then enter to set up a short position.
Trading plan:
BTC: If the rebound reaches the 64,500-65,000 area and then meets resistance, try a small position short; targets are around 62,900-62,400
ETH: If the rebound reaches the 1,865-1,890 area and then meets resistance, try a small position short; targets are around 1,800-1,760#PreIPOs第二期OpenAI认购 $BTC $ETH