7.29 Jinglu Evening Silk Road

BTC surged to 64,715.9 in the evening, then faced pressure and pulled back. The rebound energy from the earlier move has basically been exhausted; sell pressure above keeps being released, and the bullish momentum in the market has clearly weakened.
Geopolitical conflicts in the Middle East continue to drag on in a seesaw pattern, and safe-haven sentiment is hard to sustain to support the market. Combined with increased volatility in overseas stock markets, global risk appetite has cooled overall, and the crypto market lacks incremental capital inflows. Under the pressure of multiple factors, upside room has been tightened. The evening market is likely to trade weakly with choppy consolidation, and the following period will most likely continue a downward correction trend.

Trading suggestions
BTC: Short 64,500-65,000
Target range: 63,000-62,500

ETH: Short 1,920-1,940
Target range: 1,700-1,720$BTC $ETH #NFT板块单日反弹超8% #Strategy首次回购STRC