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On 7.27, BTC and ETH outlook and trading suggestions
The situation between Iran and the U.S. continues to ease. Oil prices are falling, and the stock market is strengthening. Triggered by the news, Bitcoin is accelerating its rebound.
The 4-hour chart closed bullish. The short-term long structure has not been broken yet, but after pushing higher, upward momentum is gradually weakening. During the daytime, it will likely enter a consolidation and rest phase.
At high levels, do not blindly chase longs—wait for the pressure zone and place sell orders in batches.
For Bitcoin, sell in batches at 65,500-66,000, targeting 64,000-63,500.
For Ethereum, sell in batches at 1,960-1,995, targeting 1,920-1,900$BTC $ETH #直通IPO第二期JerseyMikes