Daily Early Session Forecast｜2026.07.23 14:28

Daily Early Session Forecast｜2026.07.23 14:28
Yesterday’s recap
Yesterday’s recap: After BTC held 65,550, it returned to the vicinity of 66,000 but failed to break 67,200; the judgment that support would hold was兑现. ETH held 1,910 and probed up to 1,956, with the judgment to test the 1,960 resistance partially兑现. Altcoins maintained local rotation; the judgments on structural repair and not chasing were also continuously兑现. Today’s overall judgment as of 14:29 Beijing time: BTC current price is about $65,737, down 0.17% in 24 hours, with a range of 65,550~66,393; ETH current price is about $1,925, up 0.57% in 24 hours, with a range of 1,911~1,956. Both still have day-chart repair ongoing, but on the 1-hour timeframe momentum weakens in sync, and the 4-hour momentum cools off; the afternoon into the evening is biased toward weaker, sideways-to-range trading. ETH is relatively slightly stronger; altcoins may still have local rotation and catch-up moves, but overall should be defensive.

BTC
BTC current price is about $65,737. On the 1-hour timeframe it is below the 20-hour EMA at about 65,893, the 20-hour moving average at about 65,904, and the 50-hour moving average at about 66,134. MACD histogram turns negative, and volume is only about 0.15 times the average volume of the last 20 periods, indicating insufficient aggressive buying. On the 4-hour timeframe it is close to the 20-hour EMA at about 65,696 and slightly below the 20-period moving average at about 65,774, but still above the 50-period moving average at about 64,903. MACD histogram is negative, which fits a pullback after repair while trading ranges. On the daily chart it remains above the 20-hour EMA at about 64,397 and the 20-day moving average at about 64,230; the bottom repair has not been broken. The weekly reversal has not been confirmed yet. Near-term support is 65,500~65,700, with strong support at 64,800~65,100; near-term resistance is 66,150~66,400, with strong resistance at 66,950~67,200. Today’s key pivot is 65,500: if it holds and reclaims 66,400, there is a chance to retest 66,950~67,200; if there is a valid breakdown of 65,500, prioritize protection against a pullback to 64,800~65,100. In terms of action, don’t chase higher during a low-volume rebound; wait for support to absorb demand, or wait for a confirmed pullback after breaking 66,400.

ETH
ETH current price is about $1,925. On the 1-hour timeframe it is below the 20-hour moving average at about 1,931 and the 50-hour moving average at about 1,930, and slightly below the EMA20 at about 1,928. MACD histogram turns negative, and the latest volume is about 0.14 times the average volume of the last 20 periods. After the short-term drop from 1,956, momentum has not yet recovered. On the 4-hour timeframe it is still above the 20-hour EMA at about 1,915, the 20-period moving average at about 1,917, and the 50-period moving average at about 1,889, but MACD histogram continues turning negative, indicating the repair structure remains and overhead sell pressure is still present. On the daily chart it is clearly above the 20-hour EMA at about 1,842 and the 20-day moving average at about 1,837; the structure is stronger than BTC. On the weekly chart it is still below the major moving averages, and the mid-term pressure above 2,000 has not been lifted. Near-term support is 1,910~1,920, with strong support at 1,875~1,890; near-term resistance is 1,945~1,960, with strong resistance at 1,980~2,000. Today’s key pivot is 1,910: if it holds and breaks/holds above 1,960 with volume, there is a chance to continue challenging 1,980~2,000; if it breaks below 1,910, it may revisit 1,875~1,890. In terms of action, prioritize waiting for a pullback to find absorption; don’t chase higher with low volume near 1,950.

Altcoins linkage judgment
Altcoins linkage judgment: If BTC holds 65,500 and ETH holds 1,910, altcoins still have local rotation and potential for catch-up. If BTC reclaims 66,400 and ETH simultaneously breaks above 1,960, the repair may have conditions to spread into more coins. If BTC breaks below 65,500, altcoins should prioritize defense; if ETH loses 1,910 and weakens relative to BTC, altcoin elasticity usually drops notably. At present, it’s suitable to observe the absorption of strong structures; don’t interpret the rise of an individual coin as a full-market start. Public-version trading principles: do not chase; prioritize waiting for key support and confirmation of stopping the fall. If a pivot breaks, reduce exposure for defense; if it reclaims key resistance and volume-price coordination appears, then watch for the repair to continue. During low-volume phases, reduce frequent trial-and-error; to subscribe for fast updates, refer to the pool levels and single-coin strategies in the newsletter/group documents. Risk warning: The above content is only a market projection and does not constitute investment advice. Digital assets have extremely high volatility; pay attention to position sizing and stop-loss. Market as of 14:29 Beijing time on July 23, 2026; prices may change afterward.