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July 21, midday
Upper pressure is obvious: The highest point shown in the chart is 65,770.4. Although the price is currently around 65,462 on the rebound (about 65,462), it is approaching this upper-pressure area.
M-top (double top) risk: Watch the trend on the right side of the chart. After experiencing a dip and rebound, if the price cannot strongly break above the 65,770 upper-pressure level, and instead gets blocked and falls back within the 65,500–65,700 range, then a standard “double top” or “secondary top” structure will form.
Suggestions
For BTC, do a short around 65,800–66,300
Target around 64,100–64,900
For ETH, do a short around 1,940–1,960
Target around 1,860–1,900