July 1 BTC/ETH Market Evening Report: Wosh said inflation risks are declining, leading to a rapid price stretch.

CN
5 hours ago

In the evening, Wash stated that the inflation risk has decreased, Bitcoin has broken through the 60,000 mark, which leads to our short positions around 59666 to 60500, and 1600 to 1622 are currently in small losses. Also, looking at SOL, it is just at the key resistance level around 75.3, suggesting everyone set a stop-loss of 2 to 3 dollars to take a gamble. The decline was going well, then suddenly a news stimulus hit, causing most friends to lose; this is my fault for being blindly confident. In the face of news stimuli, technical aspects can collapse! The short positions from the day might need to be held for a while, the evening strategy for high shorts remains unchanged, but may need to be more conservative! The positions below are relatively conservative and may not reach, so it’s better to set light orders!

First, let's discuss today's viewpoint:

For Ethereum, refer to the upper resistance around 1680 (±5) to 1720, with target support levels at 1610 to 1550 to 1500 to 1470 to 1370.

For Bitcoin, refer to the upper resistance around 62500 to 63600, with target support levels at 60600 to 60000 to 58500 to 57400 to 55500 to around 53000.

In the short term, Bitcoin has resistance at 61000 and Ethereum around 1645; participation should be avoided. The above strategies may not be executable, so everyone can set light orders; if possible, enter the market, if not, just hold the daytime positions for now; it probably won't hold for long!

Pay attention to participating with light orders; the recent fundamentals are unclear, and the follow-up policy trends cannot be confirmed!
$BTC

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