7/28 evening:



BTC is currently consolidating around the 63,000 level. On the 4-hour timeframe, the price is below EMA5, EMA10, EMA20, and EMA120, indicating that the short-term to medium-short-term trend is still in a bearish order. Any rebound so far looks more like a correction/repair rather than a trend reversal.

MACD shows DIF at -368.7, DEA at -255.4, with histogram at -226.6. In addition, the most recent histogram bars have been weakening continuously, suggesting that further downside momentum is still being released.

Trading suggestions:

BTC: Sell/short from 64,200-63,700 downwards, target 62,300-61,500

ETH: Sell/short from 1,900-1,870 downwards, target 1,800-1,750

(For reference only—follow your live order!)
BTC-2.56%
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