7.22 Evening BTC/ETH 4-Hour Chart Analysis + Trading Plan

BTC, ETH 4-hour Bollinger channels are still overall trending upward, and the bullish structure on a higher timeframe has not been completely broken; after the price continued to range and pull back from the stage high, it has now entered a consolidation in the high zone. Upward momentum has clearly weakened, and the long/short game has intensified.
Chart features: the highs are gradually under pressure; after the pullback, price temporarily stops falling and trades sideways, placing it in the digestion phase after an upswing. Focus on whether the Bollinger middle band support holds or not. Once it is effectively broken, the room for adjustment will further expand.
Stage highs: BTC 66,924.1, ETH 1,953.64; the low at the start of this leg: BTC 63,736.1, ETH 1,841.84.

Long/short practical execution plan

Core idea: high-level range consolidation and digestion—no clear direction yet. First, wait for support tests; if the middle band holds, maintain the range-biased long idea. If the middle band is effectively broken, switch to a rebound short approach; no chasing or killing the price.

BTC trading plan

✅ Long orders (range trading mindset)
1. Conservative long: buy the dip at 65,450–65,500, the Bollinger middle band support zone
Stop loss 65,080, targets 66,200 → 66,900

2. Alternative long: place longs near 63,960 at the Bollinger lower band, stop loss 63,550, target 65,450

⚠️ Short orders (two scenarios)

1. Short-term try-short: on a rebound, light-position short in the 66,850~66,950 resistance area, stop loss 67,050, take profit 66,100 → 65,500

2. Breakdown short: after the 4-hour candle body breaks 65,476, follow with a short on the rebound at 65,750, target 64,600 → 63,960

ETH trading plan

✅ Long orders (range trading mindset)
1. Conservative long: buy the dip at 1,902–1,906 at the Bollinger middle band support
Stop loss 1,882, target 1,935 → 1,953

2. Alternative long: place longs near 1,853 at the Bollinger lower band, stop loss 1,828, target 1,904

⚠️ Short orders (two scenarios)

1. Short-term try-short: on a rebound, light-position short in the 1,948~1,955 resistance area, stop loss 1,962, take profit 1,920 → 1,904

2. Breakdown short: after the 4-hour candle body breaks 1,903, follow with a short on the rebound at 1,918, target 1,875 → 1,853

Key risk control rules

1. The current high-range chop and washout has a high risk of wick spikes; reduce position size for all orders, strictly place stop-loss orders, and do not hold against the trade.

2. If the 4-hour K-line candle body holds above the Bollinger upper band, close all shorts and exit; return to the long-term trend.

3. If the 4-hour K-line candle body breaks below the Bollinger middle band, pause dip-buying longs, and focus on shorting rebounds.