July 23 Wanxin Midday Sharing
The current rebound force is gradually weakening. The upward pattern is basically coming to an end, so in the short term you should not blindly chase it anymore.
From the bigger picture, last night’s BTC/Big Pie showed weakness after rebounding at 655 and was never able to break through 665. The ETH/Second Pie also lacked enough momentum to push past the 1950 resistance zone, and failed to establish a stable hold.
In the 4-hour chart, BTC/Big Pie has repeatedly tested the 655 support with bearish candles. The current pullback confirmation is not yet finished. In terms of trading, the main approach is to buy the dip.
BTC/Big Pie: buy near 66100-66400
Target: 65000-64600
ETH/Second Pie: buy near 1940-1960
Target: 1890-1870#比特币市值占比升至59%
The current rebound force is gradually weakening. The upward pattern is basically coming to an end, so in the short term you should not blindly chase it anymore.
From the bigger picture, last night’s BTC/Big Pie showed weakness after rebounding at 655 and was never able to break through 665. The ETH/Second Pie also lacked enough momentum to push past the 1950 resistance zone, and failed to establish a stable hold.
In the 4-hour chart, BTC/Big Pie has repeatedly tested the 655 support with bearish candles. The current pullback confirmation is not yet finished. In terms of trading, the main approach is to buy the dip.
BTC/Big Pie: buy near 66100-66400
Target: 65000-64600
ETH/Second Pie: buy near 1940-1960
Target: 1890-1870#比特币市值占比升至59%
