7.23 evening trading plan analysis


The daily chart is currently rising to a high then pulling back, with high-level consolidation. This is just a normal adjustment during an uptrend.
The interlacing moving averages are signals of fund rotation and a solidifying base. Short-term upside slowing is part of the buildup phase. The pullback room is limited, which indicates strong buy-side support below.
Suggested trades: Do leverage near BTC 65,500 as the entry; target 66,000-66,800.
Do leverage near ETH 1,920 as the entry; target 1,950-1,980.
In a choppy, complex range-bound market, remember to set stop-loss when opening positions and manage position risk #BTC
BTC-2.30%
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MultiChainGasMiner
· 07-23 12:31
For a short-term follow strategy, having the stop-loss orders in place is not a big issue.
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WalletRecovery
· 07-23 12:19
The analysis is clear and well-structured. The daily pullback is indeed a buildup phase, but going long around 65,500 feels a bit aggressive; if you wait for a dip to around 65,200 before entering, the win rate may be higher. Taking longs around 1,850 might be more stable. In a ranging market, position management is the most important—just don’t hold onto a position that’s losing.
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