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On 7.22, a day-by-day review: the overall market was mostly sideways and range-bound. Although it broke the 65,500 box structure, there wasn’t enough upward momentum, so keep focusing on how it’s building a base!
For BTC, it held above the 65,500 mid-term support, and the long-side structure remains intact. After rallying to 66,956, it moved into high-range consolidation. ETH followed the market in a passive rebound; it faced repeated pressure at the 1,950 resistance zone. The gap in capital size led to insufficient price elasticity.
The intraday range was relatively small, so there weren’t many opportunities to open positions. I only took one round on both the long and short sides. New followers are also welcome!
The market never lacks opportunities. People who can keep going long-term are never the ones who earn the most from a single trade, but rather those who know how to take profit, strictly control position sizing, and respect risk.
The mid-term trend is still biased bullish. When it pulls back to support, then plan the next setup—don’t chase highs, don’t go all-in—just wait for the 70k-level to come. $BTC $ETH #Gate事件合约首发狂欢