Daily Morning Session Forecast | 2026.07.18 10:59

Yesterday’s Review
After yesterday’s BTC fell below 63,700, it reached a low of 62,533. The previously mentioned path—“switching to defense after losing the level, then looking back at 63,000~63,350”—was realized. It later returned to around 63,900, but still failed to break through 64,200 effectively. After ETH broke below 1,850, it touched a low of 1,804. The call to watch 1,800~1,820 as strong support was also realized; however, the conditions to regain 1,885 were not met. When ETH is weaker than BTC, altcoins’ upside elasticity is pressured, and the overall defensive rhythm was realized.
Today’s Overall Call
As of 10:59 Beijing time, BTC is around $63,963, up 0.75% over the past 24 hours, with a range of 62,533~64,385. ETH is around $1,842, down 0.29% over the past 24 hours, with a range of 1,804~1,860. BTC is repairing in the short-term after the low, but 4-hour momentum is still weak. ETH still has support on the daily timeframe, but the 1-hour rebound has not turned the 4-hour pressure around. Today’s overall call is range-bound repair and waiting for a breakout. Altcoins remain defensive; don’t treat local rebounds as a broad-based market rise.
BTC
BTC is around $63,963. The 1-hour close is above the EMA20 at about 63,805, above the 20-hour MA at about 63,604, and above the 50-hour MA at about 63,916. The MACD histogram has turned positive, so short-term repair is still continuing; however, volume is only about 0.22 times the average of the last 20 periods, so chasing has limited value. The 4-hour close is slightly above the EMA20 at about 63,938 and the 50-period MA at about 63,908, but still below the 20-period MA at about 64,268. The MACD histogram is negative, so the structure remains an overshoot within a range. On the daily timeframe, price is above the EMA20 at about 63,447 and the 20-day MA at about 62,920, but the weekly chart is weak; the medium-term reversal has not been confirmed.
Short-term support is 63,600~63,800; strong support is 62,500~63,000. Short-term resistance is 64,200~64,400; strong resistance is 65,000~65,600. Today’s key pivot is 64,200: only if it holds and comes with increased volume will there be a chance to test above 65,000. If it falls back below 63,600, focus on watching 63,000 and 62,500 for follow-through. In terms of action, wait for breakout confirmation and don’t chase in the resistance zone.
ETH
ETH is around $1,842. The 1-hour close is near the EMA20 at about 1,843, and above the 20-hour MA at about 1,837, but still below the 50-hour MA at about 1,863. The MACD histogram has turned slightly positive, which is repair after weakness. The 4-hour chart is below the EMA20 at about 1,854 and the 20-period MA at about 1,876; the MACD histogram remains negative, and the rebound has not changed short-cycle pressure. The daily chart is still above the EMA20 at about 1,792, the 20-day MA at about 1,770, and the 50-hour MA at about 1,739, indicating there is still absorption around 1,800; but the weekly chart has not turned stronger.
Short-term support is 1,820~1,840; strong support is 1,780~1,805. Short-term resistance is 1,855~1,875; strong resistance is 1,900~1,945. Today’s key pivot is 1,855: only after holding can you observe 1,875~1,900. If it breaks below 1,820, look back at 1,780~1,805. In terms of action, prioritize waiting for ETH to reclaim the key pivot; keep reducing chasing when ETH is weaker than BTC.
Altcoin Correlation Call
If BTC holds 63,600 and regains 64,200, and ETH simultaneously recovers 1,855, altcoins will have more reliable room for repair. If BTC breaks below 63,600 again, altcoins should prioritize defense. ETH is currently relatively weak; low-liquidity instruments tend to amplify volatility, so pulling up a single coin quickly should not be treated as a signal for a full market turn stronger.
Public Version Trading Principles
Don’t chase. Prefer waiting for confirmation from key supports and stop-loss stabilization. If a pivot breaks, reduce exposure for defensive positioning. Only when price reclaims key resistance and there is volume-price alignment should you consider that the repair may continue. Control the frequency of trial and error; observe pool positions and single-coin strategies comprehensively. Subscribe to the daily briefs or follow group document updates for the latest details.
Risk Warning
The above content is only a scenario-based market outlook and does not constitute investment advice. Digital asset volatility is extremely high—pay attention to position sizing and stop-losses. The market is as of 10:59 Beijing time on July 18, 2026; prices may change afterward.