July 7 BTC/ETH Morning Market Report: Langzi loudly promoted his goods, but ultimately failed to reverse the bearish trend! Continue to deploy short positions at highs

Yesterday's market was quite eventful. Langzi loudly promoted his goods, and Bitcoin price quickly surged to the 64690 level. Our article yesterday had shorts at 63400~64600, and the shorts on the 5th at 63600~64800, with the average price currently around 64000. For Ethereum, shorts at 1830 and 1785, with the highest rebound to 1833, average price around 1810, now at 1760. All short positions are currently in floating profit. Continue to hold patiently, and when targets are reached, reduce positions in time before further speculation.

First, today's strategy:
Bitcoin resistance above around 63700~65000, target support below around 62700~61300~60500~58500~57500.

Ethereum resistance above around 1800~1820~1850, target support below around 1750~1700~1640~1500~1370.

Market analysis:
After Bitcoin broke through the MEA21 daily moving average yesterday, it is still facing resistance from the EMA55 and EMA144 daily moving averages above, with the upper Bollinger Band around 65500 providing resistance. The RSI indicator has started to turn downward, and the KDJ three lines are about to converge at a high level, forming a death cross. On the smaller timeframe, the MACD red energy histogram has fallen below the zero axis, with the fast and slow lines forming a death cross downward. The upward momentum is clearly weakening, indicating a need for a pullback. Overall, the strategy of shorting at highs is relatively reliable.

Note: All strategies should involve light positions. Once targets are reached, reduce positions in time to lock in profits before further speculation! #GT二季度销毁257万枚 #GT二季度销毁257万枚 #预测世界杯阿根廷VS埃及 $BTC ‌$ETH ‌