July 23, midday

After an early rapid surge, the coin pair “P” experienced a clear sell-pressure and is currently in a pullback phase. On the candlestick chart, a relatively long upper wick appeared, indicating that strong profit-taking and trapped order resistance exists in the upper area (approximately the 66,300–66,500 range).
This “sharp rally, slow fade” or “higher-level sideways range” pattern usually means that after the bulls’ force has been released, they need to consolidate and rest. As long as no high-volume large bearish candle directly breaks through a key support level, the current pullback is more often considered a technical correction rather than a trend reversal.

Recommendations
For BTC, consider going long near 64,800–65,300
Targets: around 66,100–66,900
For ETH, consider going long near 1,880–1,900
Targets: around 1,940–1,980