7.11 market snapshot analysis

BTC silk road reference layout
Entry range: around 64,100—64,500
Stop-loss: above 65,000
First target: 63,000, second target: 62,000

ETH silk road reference layout
Entry range: around 1,800—1,820
Stop-loss: above 1,840
First target: 1,730, second target: 1,690

On the 4-hour chart, the rally high hit the Bollinger upper band and then fell back; the current price is washing in the Bollinger middle band zone. Chasing trades is easy to repeatedly lose.
The close was a bearish long lower shadowless candle (a “red down” close without a lower wick), with heavy sell pressure on the top; the rebound is weak, and there’s no V-shaped reversal possible in the short term.
On the 15-minute chart, there is a nascent inverse head-and-shoulders pattern, but the right shoulder hasn’t been confirmed. Without a breakout of the neckline, it’s a trap/inducement.
The overall bearish trend remains unchanged. This round is only a descending repair-and-rebound; don’t look for a bullish reversal. For trade ideas: rebound to go short #美伊战争阴云再起 #GateUS合规扩展佛罗里达 #美股AI概念股普涨 $BTC $ETH