### 7.7 Evening Market Outlook



This surge in the market has been propped up entirely by Trump-related headlines; the short-term positive effect has long since been fully exhausted. Yesterday’s complete price action first surged and met resistance around 64700, then the whole day saw a slow, steady drift lower. In the evening, institutions reduced holdings and dumped—smashing the market and directly breaking through the lows to hit the 61293 low. After that, with just one paper-thin verbal statement from Trump, price was forced back into the higher range.

In just one day, it’s been jumping wildly—up, down, all over the place—repeatedly stabbing back and forth like a needle, while retail traders on both sides get swept out in turn. After this, the short-term momentum on the long side has been completely drained. Now that the rebound has pushed back up, the upward follow-through is seriously lacking: highs are repeatedly met with selling pressure and then pulled back, and the 15-minute cycle has been trending lower step by step.

For the evening overall, the plan remains the same: mainly hold shorts on highs. The 63900–64600 overhead resistance zone is an excellent shorting area. The first target to watch is the 62000 support level. Once that level is reached and the next leg of selling begins, follow the move and test the prior low again at 61290. Don’t rush into short-term rebounds—this temporary upside driven by news won’t hold for long. When the rebound pushes up and spikes higher, that’s the shorting window. $BTC $ETH #预测世界杯阿根廷VS埃及
BTC2.23%
ETH1.70%
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