7/28二 🫓 Morning Analysis



The decline is greater than BTC; over the past 24 hours it is down 2.93%, showing clear weakness. This round’s rally led the way, and during the pullback it also released heavier sell pressure, with clear signs of funds exiting. Resistance overhead is 1915-1930; short-term support is 1850, with core support at 1820.

Follow the broader market and keep a bearish mindset; refuse to blindly bottom-pick. Place short positions at rebound pressure zones, and wait until key support stabilizes before taking a chance on a short-term rebound.

On rebounds of 1915-1930, sell in batches with targets at 1850
Only after holding 1820 support can you take a small long position
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BitcoinRetirement
· 15h ago
Under a bearish trend, you really shouldn’t bottom-fish, but if that support at 1820 holds, then a short-term long for a wave is also reasonable; just set your stop-loss at 1800.
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GateUser-b122af1e
· 16h ago
This pullback is stronger than I expected. Everyone who chased long positions last night got trapped. I’ll just wait for the bounce and look for a short instead. Thanks for sharing.
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RevokeCat
· 16h ago
This pullback is stronger than I expected. Everyone who chased in last night got buried. I’ll just wait for the rebound short, thanks for sharing.
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StableArbitrageur
· 17h ago
It’s basically the same as your way of thinking—when it rebounds, it’s effectively “short,” so don’t rush to catch a flying knife; just be patient and wait to see around 1820.
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ETFGrinder
· 17h ago
Bro, your analysis is spot on, but is going short for 1915–1930 a bit too greedy right now? If it just gets slammed down to 1850, the profit would be fine—I'm just afraid it spikes first and then pulls back/runs back up.
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GateUser-ac00ef4e
· 17h ago
Are we going long or short? Has the market bounced back, or will there be new support? Please please please—I've already been wrecked by the market.
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GasRefunder
· 17h ago
The capital fleeing you mentioned is crucial—it suggests the main players are distributing. After that, it will likely keep falling; if 1850 breaks down, 1820 may also be in trouble.
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