July 9: Analysis of intraday BTC trend

The current BTC trend shows obvious "locked-in" characteristics, with prices fluctuating repeatedly, neither breaking through key resistance nor falling rapidly, but consuming market patience over time. This trend often means that the main funds are clearing floating chips and preparing for subsequent large-scale market conditions.

From the four-hour level, BTC has formed a third high point near 109200, and the short-term structure is becoming complete.

The 107000 support area needs to be focused on during the day. This position has been tested twice but not broken. If it is effectively broken in the future, it may further test the 106000-107000 range support.

The core focus this week is on the support strength near 106000, which will become a key node for long and short competition.

It is expected that this shock consolidation pattern will be gradually broken this week, and the market will most likely continue the downward trend.

ETH: False appearance of replenishment, beware of the trap of inducing more

ETH's recent trend seems strong. This "false breakthrough + retracement" pattern is often a signal of inducing more created by the main funds, attracting retail investors to chase the rise and then reverse the market.

Currently, ETH is still in a bearish trend at the weekly level. If it falls below the 2560-2520 support zone, it may accelerate its decline to the 2450-2400 area. #日内交易策略