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7.23 Jack morning BTC/ETH market analysis
On the candlestick chart, the early peak before the drop was 66,924.1. The overall trend has been oscillating all the way downward, with price continuing to trade below the moving average system. After the earlier low dipped to 65,505, a rebound repair cycle followed.
In the right-side range, price entered a sideways back-and-forth consolidation pattern. It repeatedly probed upward and then was rejected and pulled back, failing to break out into a sustained upward trend. Recently, it formed another large bearish candle, directly breaking the range support. The current price is around 65,766, and the room for adjustment will continue to expand.
#区块链
Trading suggestion: trade the range (wide)
Trading range: 64,500–65,500
Stop-loss defense: 63,500
Ziying in segments:
第1️⃣ Ziying target: 66,500
第2️⃣ Ziying target: 67,000
#比特