July 10


BTC evening session
After a 4-hour spike to the upside, trading volume rapidly shrank. The bulls lacked strength to continue pushing higher. The Bollinger Bands opened downward, and the midline continued to pressure the price. RSI failed to hold above the 50 line that separates bulls and bears throughout, indicating that bullish momentum is relatively weak. There is a very high likelihood of a late-evening high followed by a pullback, and every rebound is an opportunity for shorts to enter.
The short-term bull-bear pivot is 62,500. Only by holding it can the market maintain a narrow-range consolidation; once it breaks, the trend will return to a downward channel.
Strategy:
BTC: 64,500-64,900 shorts, defend 65,300, target 63,800-63,000; if it breaks down, look for 62,500-62,000
ETH: 1,800-1,820 shorts, defend 1,850, target 1,740-1,700
Disclaimer: Investing involves risk; enter the market cautiously.
#美伊战争阴云再起 $BTC
BTC-0.31%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned