This rebound is only a technical pullback within a larger downtrend, with insufficient bullish momentum to support a reversal. Selling pressure from above keeps coming in steadily; every time the price pushes higher, it gets suppressed. In the short term, the market remains relatively weak.
Don’t be misled by a brief rise—prefer to lean on the resistance levels and go along with the move, continuing to trade in line with the overall trend.
btc rebound around 64,300-64,800, then look down at 63,700-62,300
eth rebound around 1,870-1,900, then look down at 1,840-1,790

Welcome everyone to join the group chat $ETH

7.25 BTC early-session chart observation
After yesterday’s spike to a high of 66,900, the price continued to weaken. In the morning, it consolidated around the low area near 63,900. U.S. Treasury yields rose alongside capital outflows; at higher levels, concentrated profit-taking was triggered. Short-term long momentum weakened significantly. In the early session, the market will mainly test support levels to the downside. With weekend liquidity being weak, volatility is prone to amplify.
In the short term, the suppressing range is 64,500–65,000, while 65,700 is the key near-term resistance. T

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This week’s market performance recap
This week, ETH has continued to be positioned with a range-trading swing strategy. Profits were captured repeatedly with both long and short directions as the market moved both ways. Across the week, there were multiple long and short setups that realized take-profit. Only one trade hit a stop loss, and overall the trading pace was controllable.
7.21 Evening setup
Short at 1942-1953, stop loss 1968, target 1922, take profit and exit smoothly
Long at 1900-1925, stop loss 1885, target 1938, take profit and exit smoothly
7.22 Midday setup
Long at 1900-1918, st

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The cryptocurrency market continues to provide exciting opportunities for traders, and VELVET/USDT has become one of the strongest performers in the latest trading session. According to the chart, the price is trading around 0.45395 USDT, recording an impressive gain of more than 32% within the last 24 hours. Such a powerful move has attracted the attention of both short-term traders and long-term investors who are looking for the next potential breakout opportunity.
A closer look at the chart reveals that VELVET experienced a sharp decline earlier, falling to a low near 0.25947 USDT.