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7.25 Starry-Then at noon
BTC & ETH market analysis
On the 4-hour timeframe, a series of large bearish candles has been continuously printed. The price focus keeps moving downward, capital continues to flow out, and the downtrend is clear. After a short-term decline, there are weak signs of stabilization, but the rebound lacks volume and is only a minor pullback repair after the drop—it has not changed the bearish structure. There are multiple layers of resistance overhead; don’t rush to bottom-fish in a bet on a reversal.
Trading approach: prioritize waiting for the rebound to face resistance before setting up short positions.
For BTC, short on rebounds at 64,600–65,000, stop loss at 65,380, target 63,750–63,400.
For ETH, short on rebounds at 1,882–1,905, stop loss at 1,928, target 1,845–1,815. #BTC#ETH