2026.7.18 “Kangzi Kang” market outlook:

Yesterday, BTC saw a relatively clear one-way downtrend. After dipping toward 62,500, price began a strong rebound.

Today, it surged to the 64,400 level at the high. Although there has been a slight pullback, the price is still hovering around 64,000.

From the medium- to long-term perspective, while there have been ups and downs this week, the overall change is not significant. The price is currently still hovering near the opening price, and the naked K shows a doji/cross-star pattern. In this situation, further stabilization is still needed. We expect next week to officially form a MACD green upward segment; only then can the market move higher further. Before the trend becomes clear, investors holding chips can continue to go long and wait for confirmation. If next week provides another opportunity to go long via a low-open with a pullback to the weekly-line MA5 area, you can continue to consider going long.

From the short-term perspective, first look at the daily chart. Recently, the price has repeatedly pulled back and held the midline of the daily chart (around 62,700), forming an effective support. This midline can be treated as the short-term boundary between bulls and bears: if price breaks below this level, the short-term trend will weaken; conversely, as long as the price holds above the daily midline, the overall strategy should mainly be a low-long approach. Then look at the intraday chart. After again breaking below the new low in the late session yesterday, the market quickly bottomed out and rebounded, showing a fairly obvious one-way rally pattern today. Although the overall market has rebounded today, it has not yet escaped the prior consolidation range. Intraday, it has started building a sideways consolidation, accumulation-of-energy structure.

For BTC: overhead resistance to watch is 65,000 and 66,200; support below to watch is 62,700 and 61,600.
For ETH: overhead resistance to watch is 1,865 and 1,910; support below to watch is 1,785 and 1,710.