$BTC $ETH #U.S. July Nonfarm Payrolls unexpectedly fell. Trading was sluggish over the weekend, with price action staying in a tight range just below 65,000. Although the overall oscillation structure hasn’t changed, the available volatility has been compressed, making it difficult to find an ideal risk-reward setup. At this stage, it’s better to stay on the sidelines rather than rush to enter the market to bet on a move.
From last night’s U.S. session, we can see that the broader trend remains upward in an oscillating manner; however, the strength of the bulls’ push has already been greatly reduced, so it’s unlikely to see a strong rally in the near term. The expectation for the next leg is still mainly an oscillating upward lift. Current price is around the middle of the range, so the trading approach should mainly focus on pulling back to support and going long.
Go long on BTC around 64,500, target around 65,500
Go long on ETH around 1,905, target around 1,950#SpaceX’s market value reached $1.613 trillion, surpassing Meta
From last night’s U.S. session, we can see that the broader trend remains upward in an oscillating manner; however, the strength of the bulls’ push has already been greatly reduced, so it’s unlikely to see a strong rally in the near term. The expectation for the next leg is still mainly an oscillating upward lift. Current price is around the middle of the range, so the trading approach should mainly focus on pulling back to support and going long.
Go long on BTC around 64,500, target around 65,500
Go long on ETH around 1,905, target around 1,950#SpaceX’s market value reached $1.613 trillion, surpassing Meta
