On July 7th, focus on short selling for both swing trading and intraday trading!

In the 10-minute level for BTC, a bearish golden K has appeared, the EMA is about to form a death cross, and the MACD has already shown a death cross at the bearish golden K position.

In the 1-hour level, a large bearish golden K has appeared. Although the market is still dominated by bulls, it has been too long since deviating from the EMA long-term, indicating a need to pull back to the EMA long-term. The MACD has now shown a large-scale death cross, and bullish momentum is continuously weakening.

In summary, go short; you can short at the current price or at 109000-109300, with a stop loss at 109400, the first take profit at 108400, and the second at 107800.

ETH

Currently, in the 1-hour level, a bearish golden K has appeared, and the EMA long-term has deviated from the candlestick for too long, indicating a need for a pullback. The MACD has shown a death cross, and bullish momentum is weakening.

In summary, short at the current price or at 2580-2585, with a stop loss at 2598. The first take profit at 2553 and the second take profit at 2530.

Note that #美国加征关税 is negative news that affects the economies of various countries, including the United States. If the news escalates, it remains a signal to go short.