7.23 Thursday Market Recap | Shi Yuan’s Perspective

Closely track the life-line long/short battle, and precisely complete the turn in market direction.
Forward-looking judgment:
Mark BTC 66,000 as the long/short life line. Once it breaks, expect a trend toward the 65,000 support. For ETH, take 1,930 as the strong/weak dividing line; if it breaks down, the target goes straight to the 1,900 level, and the market officially enters a relatively weak adjustment cycle.

On-the-ground confirmation:
After BTC repeatedly oscillated in the 66,070 range and ground sideways, it failed to hold the 66,000 life line, and as expected turned downward to probe lower support.
ETH prices pulled back to around 1,933, directly facing a pressure test at the strong/weak support area, and a weak pattern has taken shape.

Profit realization:
The day’s core approach prioritized risk control and hedging first. Strictly follow the strategy of staying put (or taking a reverse short) below 66,000 to directly avoid losses from the subsequent downside, and hold onto the earlier locked-in profits.

Summary:
Even in a range-bound market, the rhythm of the price action was still nailed. The strong/weak watershed was precisely identified, and the overall direction of the relatively weak adjustment was predicted in advance. Clear long/short dividing lines were used to control operation safety.$BTC $ETH