Aug 7｜Evening Strategy Briefing
The overall market remains in a range-bound consolidation. As the week closes, evening liquidity gradually thins. The probability of “false breakouts” and stop-sweeping wicks increases. Focus on position control; do not open new heavily leveraged positions.
BTC
• Support: 63,900–64,000; strong support: 63,200
• Resistance: 64,700–65,000
• Outlook: Trading near the upper end of the range, with insufficient volume, so a direct breakout is difficult. Pull back to support and stabilize—then try small-lot longs. If price spikes up and fails to break through resistance, you can short-term bet on a pullback, with strict stop-losses. Do not chase highs or pursue breakout moves.
ETH
• Support: 1,710–1,720; strong support: 1,680
• Resistance: 1,780–1,810
• Outlook: Under the BTC “magnet” effect, ETH’s trend is relatively weak. Only by holding support do you have a chance for a rebound. If strong support breaks, downside space opens up. Don’t blindly catch the bottom.
SOL
• Support: 72–73; strong support: 68–70
• Resistance: 78–80
• Outlook: Higher volatility—better suited for short-term back-and-forth trading within the range. Enter and exit quickly; don’t hold large overnight positions.
Evening Core Risk Control
1. With Friday near the weekend, market liquidity becomes thinner, making illogical wick insertions more likely. Reduce leverage exposure as much as possible;
2. Don’t blindly chase evening impulse moves—many are short-term pump-ups by funds, with poor follow-through;
3. Reduce newly opened contracts as much as possible. For any existing positions, be sure to check stop-losses to avoid weekend “black swan” events.
$BTC
$ETH
$SOL
#非农数据 #东证拟设重大业务变更再审查制度 #黄金突破1月下行趋势线 #美参议院8月休会前不表决加密法案 #US initial jobless claims remain under 200,000
The overall market remains in a range-bound consolidation. As the week closes, evening liquidity gradually thins. The probability of “false breakouts” and stop-sweeping wicks increases. Focus on position control; do not open new heavily leveraged positions.
BTC
• Support: 63,900–64,000; strong support: 63,200
• Resistance: 64,700–65,000
• Outlook: Trading near the upper end of the range, with insufficient volume, so a direct breakout is difficult. Pull back to support and stabilize—then try small-lot longs. If price spikes up and fails to break through resistance, you can short-term bet on a pullback, with strict stop-losses. Do not chase highs or pursue breakout moves.
ETH
• Support: 1,710–1,720; strong support: 1,680
• Resistance: 1,780–1,810
• Outlook: Under the BTC “magnet” effect, ETH’s trend is relatively weak. Only by holding support do you have a chance for a rebound. If strong support breaks, downside space opens up. Don’t blindly catch the bottom.
SOL
• Support: 72–73; strong support: 68–70
• Resistance: 78–80
• Outlook: Higher volatility—better suited for short-term back-and-forth trading within the range. Enter and exit quickly; don’t hold large overnight positions.
Evening Core Risk Control
1. With Friday near the weekend, market liquidity becomes thinner, making illogical wick insertions more likely. Reduce leverage exposure as much as possible;
2. Don’t blindly chase evening impulse moves—many are short-term pump-ups by funds, with poor follow-through;
3. Reduce newly opened contracts as much as possible. For any existing positions, be sure to check stop-losses to avoid weekend “black swan” events.
$BTC
$ETH
$SOL
#非农数据 #东证拟设重大业务变更再审查制度 #黄金突破1月下行趋势线 #美参议院8月休会前不表决加密法案 #US initial jobless claims remain under 200,000