7.10 Midday Market Analysis

The midday market still hasn’t broken out of the ranging area. Although the price has rebounded, follow-through capital is clearly insufficient, indicating that the bulls have not yet formed effective momentum. Overall, the trend remains weak for now, with clear resistance overhead. After the rebound, there is a higher likelihood of another pullback.

For the short term, focus on the 62,500 level. This is the key position determining the strength or weakness of the next move. Only if price can hold steadily above it will there be a chance to continue repairing higher. If it keeps failing to stabilize, or even breaks down again, the bearish rhythm is expected to continue.

Trading ideas:
BTC: Watch the 63,800–64,200 area to place short orders. Set the stop loss above 64,400. Targets: first look at 62,500, then further watch around 61,500.

ETH: Watch the 1,770–1,785 area for shorting at higher prices. Set the stop loss above 1,810. Downside targets: 1,740, then 1,710
#Anthropic二级市场估值飙升至1.2万亿美元