7.19 evening thoughts

The overall chart pattern tonight is very clear: the big-picture trend remains unchanged, and the short-term action is a weak repair rebound after an over-iteration.

During the day, BTC bottomed out around 62,500 and quickly stabilized, with a modest rebound that held above 64,000. But everyone should注意:
This rebound has absolutely no volume follow-through; it’s a typical over-iteration repair, not a strong reversal signal.
On the daily timeframe, it still looks like lows are shifting lower, moving averages are suppressing price, and the head/body structure remains intact. On the weekly timeframe, it’s even more deeply weak—there are absolutely no signs that the overall direction has changed.

For BTC’s rebound around 65,100–65,600, the target looks toward 63,700–63,200.
For ETH’s rebound around 1,900–1,940, the target looks toward 1,840–1,800.

$BTC $ETH #ETH站稳1900美元