7.24 Friday Market Recap｜Shiyuan’s View

The downtrend has been officially established; the trend-following high-short idea has been executed
Forward-looking prediction:
Determine that the current market is only a technical rebound within a broader downtrend, not a bullish reversal. When BTC rebounds to the 65,400-65,600 range, place short positions; for ETH rebounding to 1,900-1,910, follow up with shorts throughout, staying bearish on the whole way.

Market confirmation on execution:
Relying on the downward trend that has continued from the previous days, the on-chart logic is coherent and smooth. BTC is currently trading near 65,062, maintaining a weak sideways consolidation; the lack of rebound strength fully matches the predicted weak structure.

Expected room to deliver:
BTC’s short targets are sequentially 64,500, with a deeper look at 63,800;
ETH’s short target is directly at 1,860.

Summary:
Assess the situation and switch the trading mindset. Seamlessly move from the earlier steady low-buy to trend-following high-short. The long/short timing is clearly controlled, and the logic of trend-following trades is clear and complete. $BTC $ETH