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7.21 Morning BTC/ETH Analysis
After pushing higher last night, the bulls lacked follow-through. BTC at 65,784 and ETH at 1,917 reached their highs and then immediately pulled back. Buy-side support above is weak.
Currently, the market as a whole remains in range-bound consolidation. Avoid chasing rallies or panic-selling. The trading plan is mainly to set up short positions on rebounds, waiting for further downside room.
Short BTC from 65,700-66,200, target 64,000;
Short ETH from 1,920-1,900, target 1,850;
Reminder:
The above analysis is Muyao’s personal view. The market changes rapidly; this content is for reference only and does not constitute any investment advice!
$BTC $ETH