7/22 Trading Thoughts/Ideas:



On the BTC 4-hour chart, last night saw a long bullish candlestick with a strong showing from the bulls.

Today’s candlestick is a small bullish candle with a smaller body, and trading volume has shrunk to an extremely low level, indicating that upward momentum is weakening. The market may be entering a consolidation phase or may face a pullback.

Technical indicators: The EMA price is far above EMA7, EMA30, and EMA120, and the moving averages are bullishly aligned with upward divergence, showing that the market is in a strong uptrend. EMA7 serves as short-term dynamic support.

Trading suggestions:

BTC: Go long from 66,000–66,500, aiming for 67,800–68,500

ETH: Go long from 1,910–1,930, aiming for 2,000–2,050

(For reference only; follow the live order execution.)
BTC-1.00%
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