7/21 BTC/ETH trading ideas

BTC daily chart: Yesterday pulled out a high-volume long bullish candle, directly breaking the prior consolidation range, with the bulls’ short-term breakout momentum fully unleashed. However, today it closed with a low-volume small bullish candle; incremental capital has exited, and the willingness to chase has cooled off. The market is about to enter a pullback and consolidation phase.

On the moving-average level: the short-term EMA7 and EMA30 form a bullish crossover moving upward. Price is holding steady above the short-term moving averages, and the short-term uptrend structure remains intact. But price is still far away from the EMA120 long-term moving average; the larger-scale bearish structure has not been reversed. This rally is more likely a rebound than a full trend reversal.

BTC: Place short orders in the 65,500–65,700 range. The first target is 64,300, with further downside toward 63,200.

ETH: Place short orders in the 1,900–1,920 range. The first target is 1,850; if it breaks down, look for 1,800.
$BTC $ETH