7.20 Market Snapshot Analysis



“Two cakes” Silk Road reference layout
Entry range: around 1880—1900
Stop-loss: above 1920
First target: 1840, second target: 1800

Over the weekend, market volatility was relatively muted. In sync with today’s morning BTC move, it pushed higher and touched the daily 60-day moving average, then directly faced resistance and pulled back. Although ETH is slightly stronger than BTC, the daily Bollinger Bands have tightened significantly, and upward momentum on the “head” has clearly dried up. The overall strategy remains unchanged—set up based on the high-level layout, and just wait calmly for the harvest. #ETH站稳1900美元 #USDT充值理财双重奏 #GUSD年化升至3.8% $BTC $ETH
BTC0.89%
ETH1.81%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned