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7.23 BTC/ETH pizza strategy analysis
BTC is currently in a range-bound rebound that keeps running into resistance. The daily 66,800-67,200 zone is a heavy pressure range, and in the short term it’s difficult to break through in one go.
On the 4-hour chart, prices spiked up and then fell back; bullish momentum continues to weaken. On the 1-hour chart, it has entered overbought conditions, and the rise lacks incremental capital to support it.
Suggested trades:
BTC: Around 66,500, place a short (箜). Targets: 66,000-65,500
ETH: Around 1,970, place a short (箜). Targets: 1,920-1,880 #BTC