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$BTC $ETH Keep watching for the rebound, but don’t chase long positions blindly at this level.
The rebound expectations for the first half of this week have basically played out—BTC, gold, and the US stock storage sector are all surging.
BTC is just a tiny bit away from the first target zone of 67,135–71,000. It’s very likely to touch it, but whether it can hold steady still needs observation. For support below, watch 61,600 and 59,800. Chasing longs from here carries a bit too much risk.
For ETH, support is at 1,705, and resistance is at 2,225. Those who bought the dip in Monday’s early session should already be in profit. If you didn’t get in, keep looking for opportunities—never FOMO and make reckless moves. Hold onto your low-priced spot; for contracts, remember to push protection.
For gold: those who went long after a pullback earlier, with positions around 4,000—remember to reduce and push protection. If you missed it, you can only wait for a short-term pullback to enter; chasing strength directly is absolutely not allowed.
The US stock storage sector has rebounded strongly these past two days, with SNDK up 25%. If you missed it, you can check out SPCX—tonight through the next day or two, there may be a bottoming signal.
The market is always full of opportunities—don’t be afraid of missing out. Focus on controlling risk.
#Fed expected to keep interest rates unchanged on July 29