Daily Morning Forecast | 2026.07.28 11:45

First the conclusion: Both BTC and ETH quickly pulled back from yesterday’s pressure zones. The 1-hour structure is also weakening in sync. The market has switched from bullish repair back to a bearish range consolidation, with additional downside risk. Altcoins overall are defensive; only when BTC stops falling and ETH regains stability above 1900 will there be trading value for local recoveries.
Yesterday’s check: The bullish repair call for yesterday did not play out. Price briefly pushed up to 65,820, but then repeatedly broke below the 64,700 watershed and the 64,200 strong support. It bottomed around 63,064. This indicates insufficient follow-through after the breakout; yesterday’s main path has already failed, and the backup defensive path has been triggered.
Today I’m only watching three signals: 1. BTC: the watershed is 64,200. Only if it holds 64,200~64,500 will I look for continuation; if it breaks 61,500~62,000, switch to defense. 2. ETH: the watershed is 1,910. Only if it holds 1,905~1,930 will I look for continuation; if it breaks 1,710~1,760, switch to defense. 3. Altcoin rhythm: if BTC holds 63,000 and ETH holds 1,845, and ETH also reclaims above 1,910, altcoins may show local oversold-rebound opportunities. If BTC further breaks below 63,000, altcoins should continue reducing risk exposure.
Main path: BTC and ETH both hold their respective watersheds and break above short-term pressure zones—only then is the repair qualified to continue. Backup path: if either breaks a strong support, stop chasing and prioritize controlling high-volatility positions. This is not a guess on one-direction up or down; it’s execution after price triggers conditions. If conditions don’t appear, keep cash and patience.
For spot users, the most important line: Don’t chase highs, and don’t blindly bottom-pick just because prices dump quickly—wait for key support to show a stop-falling signal. Continue reducing positions defensively when BTC breaks below 63,000 or ETH breaks below 1,845;
I will publicly share a review after 24—72 hours under these conditions. Are you more worried about missing the move right now, or about the pullback?
The above is research notes and does not constitute investment advice.