7.24 Friday midday market analysis

The 65,000 integer level is destined to be a double kill for both longs and shorts tonight. On the one-hour timeframe, moving averages are in a bearish arrangement. The MACD dead cross has opened up and the gap continues to widen, making the bearish trend clear. Large amounts of long positions are piled up below 65,000; the main force is inevitably going to drive prices downward to liquidate this batch of positions. It’s hard to say the market will stabilize.
Heavier resistance sits at 66,000-67,000 above. There is currently no sufficient pull-up momentum in the short term. The shorts are firmly controlling the market right now, so the market is more likely to follow a move that kills longs. Any rebound is not a priority to consider. Overseas policy developments are also affecting overall risk appetite. The market is clearly being pulled by macro clues. Be aware that the implementation of Friday’s tariff policy will bring violent volatility
BTC trading advice: short around 65,300, add to shorts at 66,000. Stop-loss above 67,000. Take-profit at 64,000-62,500
ETH trading advice: short around 1,900, add to shorts around 1,950. Stop-loss above 2,000. Take-profit at 1,820-1,700