Recently, the market has been continuously oscillating at high levels, with funds cautiously observing, altcoins falling back, and large funds hesitating to enter heavily. Today, there is news that the originally scheduled 90-day tariff 'buffer period' expiring on July 9 may be delayed, according to statements from relevant Ministry of Finance personnel, extending to August 1. This move gives the market about three more weeks, temporarily easing bearish pressure from the news, and the market is expected to continue consolidating; the short-term focus remains on high shorts. Place the orders as needed and reduce positions where necessary.
Market sentiment and liquidation data:
Multi-platform Greed/Fear Index: currently about 64, which belongs to a mild 'greed' state (slightly lower than previous levels), compared to yesterday's greed index decreased by 10 points.
The market 24-hour liquidation data shows 76,000 people in total amounting to 160 million dollars.
Review of the overall market:
BTC and ETH have continued to oscillate since the weekend, with declining volume, indicating that the market is organizing itself for whether the news buffer period will be delayed. If confirmed, it alleviates the most urgent bearish expectations, and the market may maintain consolidation or rebound in the short term; however, once the news is out and there are no substantial trade breakthroughs, it may face directional actions after the consolidation ends. Currently, retail investors are still aggressively chasing rises, while institutions and KOL remain bearish but have not easily entered the market; large funds are engaged in a prolonged battle. Based on the chart structure, the focus remains on high shorts, not chasing rises; it's better to do nothing than to do it wrong.
BTC pie trend:
Lower support first support: around 107,800 (short-term consolidation lower resistance) second support: around 106,400 (channel lower track)
Upper first resistance: around 110,200 (previous high breakout failed, a position emphasized by the old vine) Second resistance: around 112,000 (historical high point, cannot be broken in the short term, a large number of shorts are being liquidated near 112,500 above)
Direction suggestion (BTC):
The intraday strategy mainly focuses on maintaining a range high short position, observing for a pullback to complete the structure between 110,200 and 112,000 to place short orders. If the buffer delay sentiment kicks in, it is not advisable to blindly chase long positions during the consolidation phase. It is recommended to set the stop-loss position above 112,500.
ETH second pie trend:
Lower support first support: around 2,480 (touched multiple times but not broken) second support: around 2,445 (support bottom)
Upper first resistance: around 2,650 (previous high as a stop, breakout failed) Second resistance: around 2,720 (multiple failed attempts since May, followed by a pullback position)
Direction suggestion (ETH):
The second pie has a strong rhythm and sufficient momentum for a rebound. If the news buffer is delayed, it may continue to oscillate further; it is not recommended to chase long positions in the short term. If there is another rebound, enter in batches between 2650 and 2720, and small positions can be tried for a high short, with a stop-loss suggested around 2,800; do not actively position at other times.
Today's trading suggestion
Summary:
Positive signals from Trump's policies (delay buffer period) temporarily alleviate significant bearish pressure, and the market is expected to maintain consolidation or gradually rise in the short term.
The operation suggestion still focuses on high selling and low buying orders during the current consolidation + strict stop-loss, and the position must be controlled; chasing rises is not recommended.
Pay attention to the new tariff buffer deadline on August 1. If there are no substantial trade breakthroughs by then, it may trigger directional market movements.
KOL is bearish but dares not enter the market, while retail investors blindly chase long positions. Under this structure, the most logical approach is to wait for news before taking direction; missing out is not a mistake.