Breaking through! Bitcoin takes off—will the bull market be back?


1. First, $BTC : Bitcoin this week has to break through, otherwise something’s going to happen. You can see BTC’s not doomed! If it truly breaks through, it’s about to hit our final target—the 67k neckline resistance. Can you short then?
2. You can try! Bitcoin’s 67,000–68,000 neckline resistance is strong; at minimum, you can catch at least a 2%+ pullback. Personally, I’ll sell part of my BTC spot near the time—this is the first attempt in weeks. I’ll see if there’s a good retracement before buying back.
3. And Ethereum, encouraged by Bitcoin’s breakout, has started a second attempt at the top, probing toward the major 1,950 resistance—this is ETH’s second time coming here.
4. The first time we already shorted, so the second time is less steady. Aggressive traders can try with a small position size. If you want to be稳 (steady), you can look to set up a short near the next resistance around 2,060. Once it reaches there, you can short without thinking. The first time you short at a resistance level is the safest.
5. Besides that, the $CRCL we previously set up has taken off again—from 60 to nearly 70. Everyone online is bearish, but we’ve got zero FUD; we just quietly hold. Today is the harvest day. If you want to be steady, you can exit part of the position, or hold it long-term into the bull market—there’s a lot to be done. Trade every day, step by step, carefully!
BTC-1.10%
ETH-1.48%
CRCL0.90%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
Add a comment
Add a comment
JennyKoieel
· 07-23 02:12
Let’s eat, family members!
View OriginalReply0
Permit2Police
· 07-22 04:23
Ethereum made a second attempt to break through the 1,950 level; this time chasing shorts should be cautious—wait until around 2,060 for a more stable setup.
View OriginalReply0
L2GasWatcher
· 07-22 04:20
CRCL rose from 60 to 70. While the whole market was bearish, we held firmly—this is how we turn conviction into gains. If you want to play it safe, take profits in batches; holding long-term through the bull market is even sweeter.
View OriginalReply0
0xLateDinner
· 07-22 03:59
BTC neckline resistance at 6.7–6.8 is crucial. If it truly breaks out, it could accelerate, but the risk of a short on the first attempt is low. I’m planning to sell a portion of my spot holdings and wait for a pullback to buy back.
View OriginalReply0
L2Pilgrim
· 07-22 03:49
The breakout signal is clear—hold steady and brace yourself!
View OriginalReply0
  • Pinned