7.29 BTC & ETH morning analysis: Luo’s trading mindset The Fed decision is approaching, and market participants are in a wait-and-see mood. In the morning, the rebound failed to carry enough momentum after the early spike, so the priority is to wait for a rebound and then set up positions from higher levels. Market recap Overnight, BTC traded in a range while under pressure, and the rebound strength was weak; the longs lacked sustained follow-through. The broader Nasdaq weakened, the storage sector fell collectively, and it continued to weigh on risk-asset sentiment. ETH tracked BTC in motion, but with greater volatility and elasticity. In the data window, pay attention to short-term “needle” intrusions. Market analysis The upside has kept facing sustained pressure, and there’s no clear signal of BTC stabilizing and reversing yet. Before the major decision arrives, traders’ capital is becoming more conservative, and there isn’t enough incremental buying power to support BTC. Until price effectively breaks through the key resistance, don’t chase blindly; the main approach is to lay out positions in line with the trend, using the resistance range as reference. Trading suggestions BTC: Set up a plan to buy dips on the rebound within 63,900–64,300, place defense at 64,650, first target 63,100, second target 62,500 ETH: Set up a plan to buy dips on the rebound within 1,920–1,945, place defense at 1,978, first target 1,860, second target 1,815 The Fed decision is about to be released, and BTC’s market volatility will rise significantly. Participate with a light position size, keep tight stop-losses, and absolutely forbid heavy-position gambling. $BTC $GT $USDC

The most frustrating part of the market action in the earlier segment is that the price keeps looking strong, yet it never truly breaks through. A lot of people got tricked by a series of pump moves, started chasing the order—while I waited until around 0.10466, confirmed that the sell pressure above was still there, and then executed the long as planned. When I first got in, it wasn’t easy. The price pulled back several times, and for a moment it even made me wonder if I’d judged wrong. Luckily, there wasn’t continued volume-backed upside. The rebound turned into a spike-and-retrace, and the support kept getting thinner and thinner. If you’ve been in crypto long enough, you’ll know this kind of chart usually isn’t setting up for takeoff—it’s consuming the people who chase longs. When the price pulled back to 0.06497, +1829.5% became the most direct response for this short position. What I’m most thankful for is that I wasn’t scared by a short-term pump, and I didn’t get impulsive and chase after missing the first leg of the sell-off. A truly comfortable trade is still the one where you act only after you’ve really understood it. $BTC $ETH

7.29 Lu Hong big pancake early-session outlook Yesterday during the white session, the shorts kept pressing hard and the price briefly dipped to around 62,600, setting a new recent low. After the short momentum fully released, the bulls迎來 a volume-backed rebound, and the price climbed steadily, reaching the 64,000 level and entering a range-bound consolidation! Based on the one-hour chart and technical-level formations, the current price is holding above the Bollinger middle band. The MACD indicator has completed a golden cross from the bottom, and a short-term bullish repair structure has taken shape. Focus on the Federal Reserve rate decision landing at 2:00 a.m. tomorrow. Before the news hits, price action will see even more frequent range-bound shakeouts, and pin-prick intraday moves will become more commonplace. It is recommended that brothers position with light leverage, and strictly set and follow stop-loss! Intraday plan If price pulls back and stabilizes around 63,400, you can open a long. The stop-loss can be placed at 62,800. Target the first goal at 64,500. If the second target breaks, then look for 64,900. #Bitmine持有578万枚ETH $ETH $GT $BTC