July 23, Wanxin’s midday share

The current rebound force is gradually weakening; the upward pattern has basically come to an end, so in the short term you shouldn’t blindly chase.

From the current market view, last night BTC stopped falling after 655 but showed little rebound strength and still failed to break above 665; ETH’s attempt to pressure the 1950 level also lacked enough momentum, and it failed to hold above effectively. In the four-hour chart, BTC has repeatedly tested the 655 support with bearish candles. The current pullback-and-retest confirmation hasn’t finished yet, so in terms of trading, priority should be given to going long on pullbacks.

BTC: Short near 66100-66400
Target: 65000-64600
ETH: Short near 1940-1960
Target: 1890-1870#BTC突破66000美元