July 27 $BTC $ETH Market snapshot: ETH strengthens; the focus for shorting should be adjusted appropriately with BTC.

First, BTC. On smaller timeframes, watch whether a possible M-top forms on the 15-minute chart (after 64900’s 15-minute candle body breaks down). If it doesn’t form an M-top, then from afternoon into evening it may first move into a pullback. If an M-top can’t form, then only look at resistance again around 66200. In the 66200-66600 range, if it doesn’t pull back, it’s basically a move to make new highs—then shorting considerations can only come from higher positions.

On ETH, it’s clearly stronger; the 4-hour vegas channel resistance around 1965 can’t hold it back. Only around 2030 might shorts be considered. Annoying-market action should be hunted at annoying entry levels—don’t blindly run up into a trap set by the dog庄.

In the current market, ETH is front-running, but BTC’s move isn’t very big. On the daily chart, there still aren’t enough signals to support a decision on direction—if BTC’s 4-hour chart hasn’t broken away from the narrow-range consolidation, don’t expect a big行情 to appear. Put more attention into trading other products. Meeting adjourned!