Yesterday’s overall thinking had errors. There was no upward move, but there also was no major drop—instead, there was another small pullback that broke below short-term support, creating an environment that could lure in short sellers.



As for the current 4-hour structure chart: after pushing up to a high, it met key resistance and came under pressure. In the overall market, the bulls who are realizing profits are not yet strong enough. The main reason is that the 672 threshold has still not been broken, so we need to continue building up momentum. Right now, the pullback has again touched the upward trendline. The price is dropping—so the follow-up outlook should continue to keep the primary position with a bullish, buy-on-the-upside mindset.

Today’s trading recommendations (7.24, Friday)
Personal view: For BTC, place longs around 646 on the pullback; targets: 663-668-672.
For ETH, place longs around 1840 on the pullback; targets: 1920-1960$BTC $ETH #美国对60个经济体加征关税 #电竞巅峰交易季 #布伦特原油重返100美元 #夏日创作营
BTC-0.99%
ETH-1.83%
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