Wednesday Summary, July 23: Bitcoin and Ethereum Market Analysis and Trading Suggestions for the Early Thursday Hours Review of Wednesday’s market action: throughout the day, price largely moved in a choppy range while staying in a high zone. In the morning, price faced pressure after reaching the intraday high and pulled back; then it continued to grind back and forth. Neither side was able to effectively break the 66,000-65,500 range. As a result, a one-direction breakout failed to appear. In the early hours, after a long/side rebound to 66,300, price fell back again and traded within the range. With the market oscillating repeatedly, Zhi Lan Shi Pan Bu Ju insists on quick entry and quick exit on short-term trades. By nailing the key levels, the trader’s total gain on the big coin (BTC) came to 1,455 points, while the second coin (ETH) simultaneously captured 56 points. The edge isn’t in opening positions frequently—it’s in acting when the market provides the right setup. On the current board, the large-scale bullish trend structure remains solid. In the short term, it is entering a high-range consolidation and building-up phase. The oscillation is a pause during an ongoing uptrend. The trading approach remains: follow the trend, buy on pullbacks, and wait for the retracement to take the next step. Daily level: the K-line continues to stay steadily above the upper-to-mid Bollinger band region, and the baseline/center of gravity is gradually rising. 4-hour level: higher highs and higher lows continue. The downside area around 65,500 and the mid-band form a dual strong support zone. Yesterday’s repeated pullbacks were not broken effectively. When the pullback touched this area, price printed a long upper wick, proving this support is effective. 1-hour level: the K-line keeps switching back and forth within the 66,000-65,500 range. In the near term, it’s better to wait for the pullback to test the support and stabilize. After the buildup is complete, it is expected to challenge upward again. BTC: pull back to around 66,000-65,500 to go long. Targets: 66,500 → 66,924 → 67,255 ETH: go long on the pullback near 1,915-1,890. Targets: 1,958 → 1,980 → 2,000 #Gate事件合约首发狂欢 $BTC ‌$ETH ‌

‼️ I'm Watching $ETH for Another Rejection 🔴 SHORT SETUP Entry: 1,930–1,950 Stop Loss: 1,975 🎯 TP1: 1,900 🎯 TP2: 1,860 🎯 TP3: 1,800 🎯 TP4: 1,720 $ETH is approaching a key resistance zone where selling pressure could return. Momentum is starting to weaken, and unless bulls reclaim 1,975 with strong volume, I'm expecting another pullback toward the downside targets. Trade Here 👇 $ETH ‌

Hainan 22nd noon, ETH has arranged two sets of range-limit order ideas for everyone. I’ll explain them to you clearly, separately: 1. Long position idea Entry is placed in the 1900-1918 range. When the price retraces and drops back into this support zone, take the long again; keep the stop-loss at 1882. The first take-profit target is 1935. This long has already successfully been closed at take-profit and the gains have been secured. Only trade the rebound after a pullback and consolidation—don’t chase and hard-buy the move up. 2. Short position idea Wait for the market to rebound into the 1942-1950 pressure zone, then enter a short to test; set the stop-loss at 1963. For the pullback, first look at 1915 to take profit—bet on a topping move where price hits higher, meets resistance, and then pulls back. Currently, this short position is still open and waiting for the market to fall back. Let me emphasize two more points: ① The current price is in the middle position—don’t rush to chase the order directly. If you want to open a new position later, wait until the price moves to the range we’ve marked before considering entry, so you don’t get stopped out by the market’s back-and-forth oscillation; ② All levels are only for technical market discussion reference, not mandatory investment advice. Everyone must manage your own position size well, don’t use leverage too heavily. Open short positions must also strictly follow the stop-loss levels for risk control. ‼️The above content is only for technical chart analysis reference and does not constitute any investment advice. Cryptocurrency trading is highly volatile with extremely high risk—please manage your position size yourself and trade cautiously. $ETH ‌