[Market Research Report on July 27 - The most difficult bull market to make money, large positions bet on 9W and 6W, Bitcoin is still in an upward structure, the Ethereum exchange rate continues to weaken, the adjustment date is approaching, and the daily position can still be made]
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1. $BTC
The oscillating upward structure has not changed, and large options are still betting on positions at 9W and 6W
Weekly and daily cycles:
a, maintain the view of the early trading on the 26th, 6.85 callback resonance position support, with 6.3 as the key position, do ab=cd expectation or 0.618 1.618 expectation 7.4 7.75 two targets
b, 6W is the bullish structure destruction position of the large structure
4H cycle:
Yesterday's view divergence is the last opportunity to short
The way to digest the divergence is nothing more than sideways, callback, and volume pull
Sideways without volume pull is a false breakthrough
Intraday view:
1h
Rise, breakthrough, callback, structure destruction Rebound pressure position
Forming a short-term structural range
6.9-6.66
Intraday trading is within the range. Only when there is a new low or high point can the trend view of the day be considered
2. $ETH
The Ethereum exchange rate continues to weaken. There was an independent post yesterday to talk about it
The lower edge of the daily line can continue to be traded. If you follow the idea and make a spot on the 26th, don’t move
Short-term Ethereum trading has little volatility
It’s better to do a cyclical position
3. I will ask about the coin link for a while. Pick a part
I will open an independent post to ask about the coin link