7.24 Starry Morning Technical Market Analysis

BTC/ETH prices are gradually stabilizing at low levels, and bearish momentum has clearly weakened. The market is now in a moderate rebound repair phase. From the bottom range, the chart is slowly lifting; short-term downward pressure has eased somewhat.

After a sharp drop, there is usually a technical correction. The current level is more suitable for positioning for a rebound rather than continuing to chase shorts. In terms of trading, focus on short-term rebounds, using the bottom stabilization signals to look for entry opportunities. Above, keep an eye on the moving-average resistance zones.

Reference strategy:

· BTC: Go long around 64,400–64,800, stop loss below 64,000, targets to watch 65,600–65,900.
· ETH: Go long around 1,870–1,880, stop loss below 1,830, targets 1,910–1,930.