From the 4-hour chart, although there was a small bounce and repair in the early phase, the bounce phase is still being suppressed by the downward pressure, so in the short term it does still need to continue probing downwards to make a bottom.



BTC reference: short around 65,100—65,400
Target: 63,800—63,600

ETH reference: short around 1,890—1,910
Target: 1,830—1,810#比特币 #币圈
BTC1.79%
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L2Observer
· 07-20 02:48
This analysis looks solid—follow along.
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AccumulatorBear
· 07-20 02:41
Although the overall market looks like it’s being held down by bearish pressure, the strength of the short-term rebound is also quite significant—so you still need to watch the risks and don’t blindly chase shorts.
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