Yesterday, BTC’s overall movement was far too muted. There was only about a thousand points—or so—of room up and down. It kept grinding in a range; you couldn’t “hold out” at all. Otherwise, you wouldn’t be able to “bag the profits.” That’s why Lao Xiao’s strategy this week wasn’t quite as precise the first time. However, the 64,075 longs that were timely published yesterday afternoon still provided about an 800-point upside space. As long as you don’t “hold out,” you can still catch a move.

At present, on the 4-hour structure chart: after the CPI release helped lift the market with a bullish surge, BTC rallied to refresh the short-term high. But when it ran into pressure, the push couldn’t be sustained. It then began a slow pullback, hovering around 64. The shorts lack volume, so they can’t carry through. The bulls have started gathering momentum to prepare for a subsequent push that breaks higher—one decisive push to break through the overhead resistance, fully opening the direction of a big-rally trend. Today, the subjective outlook remains bullish as well.

**Today’s trading suggestions (7.17, Friday)**
Buy BTC on the pullback near 63,300; target 64,700-65,700
Buy ETH on the pullback in the 1,850-1,820 range; target 1,930-1,960#USDT充值理财双重奏 #ETH站稳1900美元 #美军结束对伊朗新一轮打击 #比特币 $BTC $ETH ‌