7.23 $BTC $ETH trading idea analysis
Overnight, the major mainstream coins retreated as expected and repaired. The daily chart turned from positive to negative and weakened in sync. BTC tested the 65,500 area, while ETH touched the 1,909 support. The short-sell on the high with the prior rhythm was executed smoothly, and the swing-trade profits were effectively realized.
At present, the overall market remains in a weak consolidation at high levels, with no clear signal of a bottoming-and-reversal in the short term. The earlier push higher and subsequent pullback broke the strong bullish structure. The market has switched from one-way advance to high-level sideways consolidation. Currently, moving-average indicators are chaotic and disordered, making it difficult to form a continuous one-way trend in the short term. The market has repeatedly rebounded into resistance without much follow-through, showing sluggishness. This is a consolidation structure during a downward continuation; after the consolidation is completed, the downside is likely to continue.
Overall, the tone is weak. For the afternoon, the operation continues with the core idea of shorting rallies. Don’t chase weak short-term rebounds; wait patiently for the resistance zone and scale in accordingly.
Intraday trading plan
BTC: short in the 66,000–66,500 range, target 65,000
ETH: short in the 1,940–1,960 range, target 1,880
More detailed positioning will continue to be shared in the chat room. If you’re bullish on Liangge, you can follow along with the trades.$DEXE #原油期货涨超4% #超微电脑上涨近20% #Alphabet上调2026资本支出至1950至2050亿美元
Overnight, the major mainstream coins retreated as expected and repaired. The daily chart turned from positive to negative and weakened in sync. BTC tested the 65,500 area, while ETH touched the 1,909 support. The short-sell on the high with the prior rhythm was executed smoothly, and the swing-trade profits were effectively realized.
At present, the overall market remains in a weak consolidation at high levels, with no clear signal of a bottoming-and-reversal in the short term. The earlier push higher and subsequent pullback broke the strong bullish structure. The market has switched from one-way advance to high-level sideways consolidation. Currently, moving-average indicators are chaotic and disordered, making it difficult to form a continuous one-way trend in the short term. The market has repeatedly rebounded into resistance without much follow-through, showing sluggishness. This is a consolidation structure during a downward continuation; after the consolidation is completed, the downside is likely to continue.
Overall, the tone is weak. For the afternoon, the operation continues with the core idea of shorting rallies. Don’t chase weak short-term rebounds; wait patiently for the resistance zone and scale in accordingly.
Intraday trading plan
BTC: short in the 66,000–66,500 range, target 65,000
ETH: short in the 1,940–1,960 range, target 1,880
More detailed positioning will continue to be shared in the chat room. If you’re bullish on Liangge, you can follow along with the trades.$DEXE #原油期货涨超4% #超微电脑上涨近20% #Alphabet上调2026资本支出至1950至2050亿美元