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Yesterday’s market performance perfectly matched expectations—first falling and then rising. It pressed down to where Lao Xiao intended to enter, and afterward it surged. In the evening it fell slightly again; then Lao Xiao once more prompted that long positions should be entered. After that, there was continuous upward momentum, and it successfully reached the upper target, completing a short-term rejection at resistance. ETH behaved the same way: the same perfect prediction as BTC. Lao Xiao’s predictions remain consistently so precise, just as always.
Currently, looking at the 4-hour structure chart: overall, the uptrend continues to run above the trend line. Each pullback probing support is essentially charging up for longs to advance. The lows keep rising and forming higher lows, while the highs keep breaking higher. The room to the upside is gradually opening, and the pullback space is slowly shrinking. In addition, indicators on the higher timeframe are also reversing toward the long side. For this market, Lao Xiao personally still favors continued upward momentum. The resistance signals above are only temporary. No matter what kind of market it is, it won’t just go one direction all the time—along the way there will be small pullbacks in the opposite direction to prop it up. So “step back every three steps” is the best rhythm. The time for one-way momentum has not come yet—just be patient. The main trading idea for today is to keep holding onto pullbacks to go long.
Today (7.21 Tuesday) trading suggestions
Personal view: BTC pull back to the 646-641 range to place longs, targets 662-668-672
ETH pull back to the 1870-1850 range to place longs, targets 1950-1980#ETH突破1900美元 #NansenCEO看多苹果 #比特币 #VIP专享4%年化理财 #星舰本周四重新挑战发射 $BTC $ETH