7.21 Wang Ye’erbing trading idea

Entry range: 1930 - 1950
Defensive stop-loss: above 1950
Take-profit targets:
First target: 1880
Second target: 1850

Core logic: Early today, Erbing followed BTC’s rebound, but this is only a technical adjustment after a drop; the bearish structure on the higher timeframe has not changed. The 1930-1950 area is a strong resistance zone—every time price touches it, there is heavy sell pressure. While support below the current 4-hour timeframe is gradually moving higher, the short-term KDJ indicator is already nearing the overbought area, leaving very limited upside room. Combined with sustained high-interest-rate expectations during the Fed blackout period, which continues to weigh on risk assets, market inflows are scarce and there is a lack of sustained upside momentum overall. After the rebound meets resistance, the main approach is to follow the trend and look for shorting on the way up.