Daily Pre-Market Forecast | 2026.7.17

Daily Pre-Market Forecast | 2026.07.17 07:50

Yesterday’s Recap
Yesterday, BTC failed to hold the 64,400 key level and pulled back to around 64,000. The earlier call—after breaking down, revisit 63,800~64,100 and then switch to defense—was validated, but the conditions to test 65,600 to the upside were not met. ETH broke below 1,890; the expectation that the rebound would continue lagging was not fulfilled—today it is revised. The defensive path that had been holding around 1,840~1,870 has now shown up. After BTC and ETH weakened in tandem, altcoins’ upside elasticity was suppressed; the playbook—don’t chase in the pressure zones, and reduce risk by following the “breakdown of key levels”—has played out.

Total view as of 07:51 Beijing time: BTC is currently around $63,898, down 1.32% over 24 hours, with a range of 63,751~65,000. ETH is currently around $1,866, down 2.70% over 24 hours, with a range of 1,858~1,929. Both are trading below the short-term moving averages on the 1-hour chart, and the 4-hour momentum is also cooling. Today’s overall view is weak consolidation—waiting for direction.

Altcoins are generally defensive. Only if BTC reclaims the key resistance and ETH simultaneously turns stronger does it become suitable to raise aggressiveness.

BTC
BTC is currently around $63,898. On the 1-hour chart, price is below the EMA20 at about 64,293, below the 20-hour moving average around 64,302, and below the 50-hour moving average around 64,634. MACD is below the zero axis and the histogram is negative; volume is about 0.71 times the average volume over the past 20 periods—short-term weakness.

On the 4-hour chart, price is slightly below the EMA20 at about 64,226 and the 20-period moving average around 64,107, but still above the 50-period moving average at about 63,774. MACD is still positive, but the histogram has turned negative—this is a “rebound pullback” behavior after repair/adjustment.

On the daily chart, price remains above the EMA20 at about 63,342 and the 20-day moving average around 62,508, but below the 50-day moving average at about 63,967. On the weekly chart, the tone is weak; a medium-term reversal has not been confirmed.

Support: short-term 63,700~63,900; stronger support 63,000~63,350.
Resistance: short-term 64,200~64,500; stronger resistance 64,900~65,200.

Today’s key “divider level” is 64,200: only after reclaiming it and gaining volume will there be a chance to retest above 64,900. If price falls below 63,700 and the 1-hour chart continues to weaken, then focus shifts to 63,000~63,350.

In terms of execution: first wait for support to be held; don’t chase higher in a weak rebound.

ETH
ETH is currently around $1,866. On the 1-hour chart, price is below the EMA20 at about 1,884, below the 20-hour moving average around 1,886, and below the 50-hour moving average around 1,896. The MACD histogram is negative; the short-term trend has shifted from leading to slightly weak. Current volume is close to the average volume over the past 20 periods; selling pressure still needs to be digested.

On the 4-hour chart, price is near the 20-period moving average around 1,865, but below the EMA20 around 1,869—still above the 50-period moving average around 1,816. MACD remains positive while the histogram turns negative; the repair trend is entering a key confirmation stage.

On the daily chart, price is still above the EMA20 around 1,781 and the 50-day moving average around 1,746—structure still has support, but the weekly chart has not turned stronger, so it’s not advisable to extrapolate a bounce as a full reversal.

Support: short-term 1,850~1,865; stronger support 1,800~1,820.
Resistance: short-term 1,885~1,900; stronger resistance 1,925~1,950.

Today’s key “divider level” is 1,885: only if it is reclaimed and holds above 1,900 can you then observe 1,925~1,950. If it breaks below 1,850, then look back for holding around 1,800~1,820.

In terms of execution: wait for a renewed reclaim of the key divider level; if weaker than BTC, reduce chasing.

Altcoin “Cross-Asset” Linkage View
Today’s altcoin linkage view: if BTC holds 63,700 and reclaims 64,200, and ETH simultaneously stands back above 1,885, then altcoins will have some room for partial repair. If BTC breaks below a key level, altcoins should prioritize defense.

ETH is currently weaker than BTC, which usually means altcoin elasticity is pressured. Low-liquidity coins are more likely to magnify pullbacks, so don’t treat a single-coin rapid surge as a broad-market “uptrend all-clear” signal.

Public-version trading principles: don’t chase; prioritize waiting for key support and confirmation of a bottom. If a divider level breaks, cut positions to defend; only after price reclaims key resistance with volume-and-price alignment should you consider that the repair may continue.

Control the trial-and-error frequency; complete observation of pool levels and single-coin strategies should follow the quick updates or group documents.

Risk Warning
The above content is only a market scenario analysis and does not constitute investment advice. Digital assets are extremely volatile—watch your position sizing and stop-losses.

As of 07:51 Beijing time on July 17, 2026, the price may change afterward.