7.20 Wangquan Midday Analysis

After the early-session surge that spiked upward, the market has now entered a high-level, stalled consolidation.
Looking at the latest indicators, on the 1-hour timeframe, short (bearish) momentum is beginning to show—this is a firm signal that the short-term trend is weakening. On the 4-hour timeframe, bullish momentum is also continuing to contract in volume; together with the highs gradually moving lower, there is a need for a pressured pullback and decline.

For BTC, in the 64,500-63,400 area, “箜”; targets are around 64,000-63,900.
For ETH, in the 1,880-1,910 area, “箜”; targets are around 1,850-1,830. #BTC