7/20 morning

The morning market sentiment continues with a wide range and volatile consolidation. After briefly dipping as low as around 64,237 overnight, it quickly stabilized, then rebounded; the high pushed up to around 64,800 where it met resistance and fell back. Current price is 64,715. Overall, it has been back-and-forth within a range, with both sides in fierce contention.

In the morning, volume and activity are relatively flat, and capital overall is cautious. The current price action is in the phase of washing and building momentum after the rebound. Through repeated volatility to digest the earlier profit-taking zone and the overhead trapped positions, it accumulates energy for the next directional choice. $BTC $ETH #BTC

Recommendations:
For BTC, consider shorting around 65,000–65,500.
Targets: around 63,200–64,100.
For ETH, consider shorting around 1,890–1,920.
Targets: around 1,790–1,840.