July 18 evening Linmu big cake and second cake strategy analysis

From observing short-term trends, during the afternoon to evening session the market fell into extreme sluggishness; prices stayed around the 64,000 integer level and the hourly-level mid-band, performing narrow-range, “weaving” style oscillations. Although the K-line bodies are extremely small, seemingly calm and steady, the 5-minute MACD fast and slow lines have remained stuck together below the zero axis, and trading volume has noticeably shrunk, indicating very weak buy-side follow-through. The main force is grinding down retail traders’ patience through this kind of “sticking to the line” movement while accumulating bearish momentum. It’s worth noting that the 64,200 area is clearly acting as resistance. After a brief reduced-volume consolidation, the market is expected to be unable to break through this resistance level; it will then choose to break down, bringing a pullback with strength and repair. For the evening session, it’s recommended to focus on high shorts; do not frequently trade within this narrow range.
Trading ideas:
Big cake: After a rebound to the 64,500-65,000 area is rejected, go short, targeting around 63,000-62,500
Second cake: After a rebound to the 1,860-1,890 area is rejected, go short, targeting around 1,800-1,760 #PreIPOs第二期OpenAI认购 $BTC $ETH