7.21 Lu Hong BTC early morning outlook

Yesterday morning, we set up a short around the 651 resistance level and successfully harvested a profit of one thousand points. After a pullback to support, we flipped long and seized another one thousand points. All day, the four high-to-low entries and exits fully played out—no more proof needed!

In the early hours, BTC surged to 65,788, hitting a key resistance and failed to hold above that level. Bulls had no strength to stay firm at the highs, so price directly shifted into a range-bound pullback. From the MACD technical structure, the DIF has already turned and is moving closer to the DEA, while bullish momentum keeps weakening—there is a very clear stop-loss-and-go (bait) signal.

Rally reaches 65,700-60,000, short entries under strong overhead pressure
First target: 65,200. Second support: 64,200
Currently, the larger-cycle uptrend lacks strength to push higher at the highs, so the short-term main plan is firmly: sell the highs!
#ETH突破1900美元 $ETH $BTC