July 18 Linmu midday BTC and ETH strategy analysis


The noon session continues to show weakness and range-bound movement. Although the price repeatedly oscillates near the Bollinger mid-band, the MACD red histogram continues to shrink, and upside momentum is clearly insufficient. The overall trend is still dominated by the bears. The EMA moving averages remain a heavy overhead resistance. In terms of execution, wait patiently for a rebound to fail; only enter after the downtrend is confirmed.
Trading approach:

BTC: Lightly short the bears after a rebound to around 64,500–65,000 meets resistance. Targets are around 63,000–62,500.

ETH: Lightly short the bears after a rebound to around 1,870–1,895 meets resistance. Targets are around 1,800–1,760.#PreIPOs第二期OpenAI认购 $BTC $ETH
BTC2.14%
ETH1.45%
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BTCWeightWatcher
· 07-18 05:34
The analysis is quite on point. The MACD red bars shortening indeed shows weakening momentum, and the EMA suppression is also strong. But you should pay attention to rebound strength. If it breaks above 65,000, there could be changes; however, for now, it’s still best to follow the trend and stay bearish.
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RiskRebalancer
· 07-18 05:08
The downtrend is clear; any rebound is an opportunity to go short—follow the strategy.
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