7.20 Market Outlook Analysis

BTC Silk Road reference layout
Entry range: around 64,800—65,300
Stop-loss: above 65,800
First target: 63,800, second target: 62,900

The conflict between the U.S. and Iran keeps escalating, and it’s hard for the market to make a big breakout; instead, directly look for a move up from the high level.
The situation in the Middle East is getting tighter and tighter. In the short term they can’t reach an agreement, so it will be a long back-and-forth. Yesterday, the market stayed still without making a move—just wait for the upward push to kick in. If you didn’t get on board, just find an opportunity to follow up.

There wasn’t much fluctuation in the market over the weekend. This morning, BTC surged toward the daily 60 moving average and was immediately pushed back down. The plan remains unchanged: take positions at the high level and wait to catch the meat. #ETH站稳1900美元 #USDT充值理财双重奏 #美军结束对伊朗新一轮打击 $BTC $ETH