7.8 Wednesday Noon The morning market structure shows clear pressure, with the price center of gravity moving slightly downward. Currently, it is near the half-position of the second low point of the double bottom pattern. Maintain the rebound short-selling strategy. The risk-reward ratio for chasing longs at low levels is poor, so it is not advisable to enter. Multiple technical indicators on the 4-hour level have simultaneously weakened. The MACD fast and slow lines have formed a death cross below the zero axis and the gap is widening. The RSI is under pressure below the 50 midline. The short-term rebound is more likely to be a bull trap structure at the end of an upward move, not a trend reversal signal. Each pullback is a window for short positions. The current downward correction space has not yet closed and still has some depth. On the upper side of the market, short-term resistance focuses on the area near the 4-hour EMA14 line. The primary support below refers to the previous low structural level. If this level is lost, it will further open up downside space. In operation, patiently wait for a rebound to the resistance range before entering. Do not chase shorts, do not bottom-fish. Control positions and wait for confirmation of the right-side signal. Suggestions: BTC: Short around 63100-63400 Target: 61400-61800 ETH: Short around 1770-1780 Target: 1700-1720

7.8 Midday Thoughts Combining the 15-minute short-term cycle with the 4-hour level chart for an integrated analysis: This month, a sustained upswing started from the low near 57700, continuously driving higher to the phase high at 64700. Currently, the entire pull-up cycle is nearing its end, and the upward momentum has clearly begun to exhaust. After pushing up to 64200 early this morning, the price met pressure and pulled back. It is currently consolidating narrowly around the 62500 area. At this stage, the short-term action is only a brief pause-and-repair during the decline; it cannot change the overall downward main rhythm. The 15-minute small cycle continues to show a structure of descending highs. Today’s core idea remains focused on the “high” approach. Wait patiently for a rebound into the resistance zone, and then plan your entries/schemes: BTC rebounds around 63300-63700 for a short; target looking at around 61800-61300 ETH rebounds around 1780-1810 for a short; target looking at around 1710-1670 #美国比特币ETF净流入4026枚BTC $BTC $ETH

From the start, calling out 🈳 around 641—again, nearly 2,000 points—this is the essence of script validation. Only those who dare to confront the results and keep adjusting their direction deserve the generous rewards that time provides. From the start, calling out 🈳 around 641—again, nearly 2,000 points—this is the essence of script validation. Only those who dare to confront the results and keep adjusting their direction deserve the generous rewards that time provides. #美终止对伊朗石油制裁豁免 $BTC $ETH