7.23 Market overview analysis

Second-baked silk road reference layout
Entry range: around 1940—1960
Profit-taking/stop: above 1980
First target: 1900, second target: 1850
If you want to do a “uo” around 1880, you can stabilize there to “uo.”

Price surged to the 1958 high point, then plunged; consecutive bearish candles broke through short-term moving averages. At the high level, volume expanded but the price stalled—bullish momentum was completely exhausted. The short-term pullback trend has been set.
The 4-hour moving averages turn downward and press. After the spike, no funds stepped in to take over; the main force “ran” from the high level. The downside structure is fully confirmed. Right now, you must not rush to bottom-fish and go long; catching shorts on the rebound is the best approach. #SEC警告链上借贷或涉证券监管 #特朗普警告9月政府停摆 #BTC突破66000美元 $BTC $ETH