🪂July 15th Afternoon Market Insights.🪂

$BTC Insights:

The big coin has probably risen enough, right? The bulls have been enjoying their feast for several days, and it's about time for the bears to have a sip of the soup. Otherwise, if the bears don't play along, the bulls won't be able to spark much excitement on their own.

The big coin's breakout with volume surpassed 119519, with an hourly closing price above 119519, so pursue long positions on the right side, with a stop loss on a breakout.

If it breaks down through 118298 with volume and fails to recover, pursue short positions on the right side, and set a stop loss if it recovers; pay attention to changes in volume and maintain a good stop loss.

If it fakes a breakdown at 116913, add one more long position, with a stop loss at the fake breakdown low or at 115670; if it can't recover, don’t go long.

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The big coin’s hourly level has broken 119549 and is stable, looking upward towards 120554-122158; a pullback is for better upward movement.

When shorting the big coin, be cautious of the 120515 area showing a 2b fake breakout and take a light short position; if it stabilizes above 121424, set a stop loss.

Conservative players should wait to long at 115194, with a stop loss below 113795.

The wedge pattern drawn on the hourly chart of the big coin has had its lower boundary broken; now this lower boundary of the wedge is the resistance for the big coin. Don’t be overly bullish until it recovers within the wedge.

Moreover, the big coin has fallen back into the box drawn in the chart; if it breaks the lower boundary of the box without a timely recovery, the hourly-level pullback will officially begin. If the hourly pullback cannot stop, it will evolve into a 4-hour pullback, and this upward wave can be declared as having reached a milestone. I wonder if any classmates chased the long position at 120,000; if so, it must be quite comfortable now.

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Upper resistance: 119581-120577-121843

Lower support: 116913-115670-115173

4-hour level sees 117016 broken downward, looking towards 115168-113737.

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$ETH Thoughts:

The second coin has broken out with volume above 3012; pursue long positions on the right side, and set a stop loss if it doesn’t break 3012.

If it breaks down through 2952 with volume, pursue short positions, and maintain a good stop loss.

If it pulls back to 2916 to confirm valid support, add one more long position, with a stop loss below 2878.

The second coin’s hourly level has broken 2980, looking upward towards 3021-3058.

Pay attention to the 3058 area to short one position, with a stop loss at 3092.

Left-side orders: long at 2841, with a stop loss below 2800.

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Upper resistance: 3013-3054-3084

Lower support: 2947-2913-2878

4-hour level sees 2941 broken downward, looking towards 2913-2878; if it doesn’t break 2913, it remains within a controllable range. Meeting adjourned.

$BTC

#CPI数据来袭