July 22, midday


From the 15-minute K-line chart, although the short-term is in a pullback state, from the overall structure it looks more like a “healthy retracement” to carry the uptrend, rather than a trend reversal.

The big trend is still strong: After BTC started from the 63,722.6 low, it traced a very standard “advance two, retreat one” uptrend. The current pullback is only a technical correction of this preceding main impulse wave, and it has not broken the overall rising channel.
Advice
For BTC, do a “follow-through/sell on drawdown” around 65,400–65,900
Target around 66,800–67,500
For ETH, do a “follow-through/sell on drawdown” around 1,860–1,910
Target around 1,950–1,990
BTC-0.79%
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GnosisGuardian
· 10h ago
Technicals are indeed moving quite steadily; this pullback should be a good opportunity to pick up some cheap coins.
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DRIP_Preacher
· 10h ago
The analysis is very well done, and the rhythm of “push in by two steps, retreat by one” is clearly visible, but you still need to control your position to prevent sudden pinpricks.
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VoteManiac
· 10h ago
The broader trend looks bullish, but the pullback on the 15-minute timeframe may still continue for a while. Don’t rush to chase longs—waiting for confirmation of support before entering is safer. Also, ETH’s liquidity is somewhat worse than BTC’s, so volatility could be higher; watch the risks.
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