7.21 Tuesday morning


Early liquidity is thin on the market, and the main players can use small moves to paint ranges, wick it, and force “fake breakouts” and “fake breakdowns” in rotation. On the minute-level candles it’s all noise—if you can’t read it, just sit tight; don’t get an itch to trade. Less action matters more than more profit.

In the morning, stick to one idea: low volume turns it all into bait. On the pressure level, boldly sit out; on the support level, use small entries to catch the rebound. Fast in, fast out. Split the position into two or three buys; the stop-loss must be placed with it—no stop, no entry. Once the market liquidity/funds come in from the US market side, and when volume ramps up and a clear direction emerges, then increase the position to follow the trend.

Recommendations:
BTC: stay around 65,600–65,900 and sit out,
Target: around 64,300–63,900;
ETH: stay around 1,930–1,950 and sit out,
Target: around 1,870–1,850.

Wait patiently—if no signal comes, don’t act. Don’t get led into a trap by the morning market’s background noise. #比特
ETH1.12%
BTC1.76%
View Original
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