7.23 Evening BTC/ETH Market Analysis Poem-Yuan View



BTC
After rising from 62,505 to a high of 66,924, it pulled back; currently at 65,532, which is a retracement after an up move.
Resistance: 66,200-66,500, 66,924; Support: 65,000, 64,300
Approach: Don’t chase longs at the high level. Short in the pressure zone; when support stabilizes, then look to go long again—range trading.

ETH
Following BTC, the low of 1,802 rose to 1,958.75, then fell back; currently at 1,924.
Resistance: 1,945-1,959; Support: 1,910, 1,890
Approach: Trade in line with BTC, and further reduce position size.

Summary
The market is consolidating at higher levels. For now, focus on selling high and buying low. If key levels break, then follow the trend into a one-way move—prioritize risk control. $BTC $ETH
BTC-1.47%
ETH-2.03%
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