Bitcoin reference (July 26):



The weekly and monthly lines are coming up soon. If you don’t have any holdings right now, just be patient and wait until the weekly line closes. Closing above structure C is a positive signal, and points to a continuation of this upward structure. But overall the market is sluggish, and participation capital is not large. Currently, the focus is not on crypto assets; the money is still tied to USD-related matters. There doesn’t seem to be any reason to see a large amount of funds flooding into the digital market.

From the mid of the pullback starting around 82, it’s around 7. This is a position you can hold onto for trading. Below, what you can defend is the upward-structure break level at 615. If you’re backed up by around 6725, after a 15-minute session produces a descending-high bearish K-line, you can try it and take a quick position. The key is still to wait for the mid and the upward-structure break area $BTC $ETH
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