July 14 BTC/ETH market insights analysis
Recent Market Overview Capital Trends: BTC's four-hour chart continues to break through, recently reaching 133,000, ETH's daily line has risen to 3,066, and the market remains strong; Rhythm Structure: Bulls continue to dominate, BTC slightly retraced before accelerating again, ETH extended upward; Strategy Direction: The old vine continues to suggest focusing on short positions, not recommending chasing highs or low buys, must be cautious to secure profits before tomorrow night's CPI data release.
Market Sentiment and Liquidation Data
Sentiment Index: The greed/fear index across multiple platforms is 75, down 1 point from yesterday, still in a clearly 'greedy' range, with market sentiment being hot.
Liquidation Data: 126,153 people liquidated in the past 24 hours, with a total liquidation amount of 728 million USD, primarily due to short positions being forcibly closed, the risk of chasing highs for shorts has been reported.
Clearing Structure: Cumulative bullish liquidation intensity in the last 30 days is 18.4 billion USD, cumulative bearish liquidation is 1.4 billion USD, with a severe concentration of bullish positions.
BTC Market Trend Analysis
Support Levels: 1st Support: 119,500 (Previous structure retracement) 2nd Support: 118,100 (Medium to long-term structural support)
Resistance Levels: 1st Resistance: 123,500 (Intraday high point) 2nd Resistance: 124,700 (Bullish liquidation dense area)
Strategy: You can attempt short positions in the 123,500-124,700 range, not recommending chasing highs or low buys, must strictly control risks.
ETH Market Trend Analysis
Support Levels: 1st Support: 2,930 (Intraday low point) 2nd Support: 2,900 (Lower bound of the range)
Resistance Levels: 1st Resistance: 3,160 (Intraday high point) 2nd Resistance: 3,220 (Bullish liquidation area)
Strategy: You can consider short positions in the 3,160-3,220 range, today's increase has already pulled back quite completely, not recommending any low buy operations.
Current concerns are that the last wave of market adjustments shows that it is entering the final stage, with heavy bullish expectations, and a comprehensive correction has not yet occurred.
WCT: After professional turmoil, it is currently still at a relatively low level. The structure has no obvious damage, there is short-term upward momentum, and you can enter with a small position, but be sure to exit completely before tomorrow night's CPI data release.
Second Level Sectors: AI, Sol, and Meme strong front-line coordinated pullbacks, positioning strong blocks have almost no remaining room for adjustments. Non-core assets are not recommended for heavy positions, must control rhythm and positions, reduce positions that need to be reduced, do not be greedy, the upper space is already visible to the naked eye, but the lower space is quite large.
Pay attention to the ZC aspects.
CPI: The US June CPI will be released tomorrow at 8:30, which will become a key turning point for the short-term market rhythm.
Gov BTC Strategy: The US has signed the 'Strategic Bitcoin Reserve' and digital asset inventory order, prohibiting the sale of confiscated BTC, and may increase holdings in a budget-neutral manner in the future; there is no short-term selling pressure, but do not overly view this as a positive, entering the resistance level market.
Summary: The market continues to be strong, but the distribution of bulls is approaching extremes, and the risk of correction is more serious. Liquidations are mostly shorts, the distribution of long and short positions is unbalanced, and market pressure is increasing. Everything should only be focused on short positions, not chasing highs or low buys.
Tomorrow night's CPI data release is the biggest variable in the short term, must secure profits in advance. Altcoins may be the last embrace before tomorrow night, WCT can be observed with a small position, but do not be greedy. ZC aspects have no new pressure, but it is not critical, market movements dominate resistance levels.
The old vine reminds again that the rhythm of buying and selling is paramount, lock in floating profits before tonight, and choose opportunities to layout after the CPI node.