On July 19th, the overall pace is pretty choppy—this weekend (Saturday and Sunday) price action is fairly messy. In the morning, I did a live stream and discussed the pre-market analysis with everyone. The key short setup is around Bitcoin’s 6.48 to 6.5—there’s a good chance to catch roughly $600. For Ethereum shorts, I emphasized in the morning live stream that 1880 is a short opportunity; other levels aren’t ideal. The main focus is tomorrow’s Monday market. We’ll pay close attention tomorrow—during Monday’s volatility, there’s a high chance Ethereum still needs to pull back toward around 1830, and there’s also a possibility of dipping near the 1800 low. In that range, we should look to go long. Overall, the rhythm is a day-trading-style rangebound market on the daily chart! Tomorrow also marks an 8-week turning-point cycle on the weekly chart—pay special attention!

BTC-0.51%
ETH0.31%
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