Bitcoin Adjustment Signal Confirmed, HYPE Bull-Bear Divergence Intensifies | Invited Analysis
Bitcoin Adjustment Signal Confirmed, HYPE Faces Key Resistance Battle | Analysis
This week's analysis indicates Bitcoin's daily cycle Wave A rebound likely peaked on July 21st, with the market entering a Wave B correction phase. For HYPE, price action is contested at the critical $60–$63.5 resistance zone, with its path yet to be determined.
**Bitcoin (BTC) Analysis & Strategy:**
* **Structure:** Analysis suggests the corrective move from the May 6th high has formed a four-segment structure. The rebound from the July 1st low (~$57,820) is likely Wave A, completed around $66,955. The market is now likely in Wave B correction, with a potential Wave C rebound to follow, provided the $57,820 low holds.
* **4-Hour View:** A seven-segment rebound from the July 1st low shows momentum divergence, indicating the rally may have ended, with a correction now underway. Price is currently testing a pullback after breaking below $65,700.
* **Weekly Outlook & Levels:**
* **Key Pressure:** Watch price action around the $65,700–$67,300 retest and the $60,950–$61,500 support zone.
* **Resistance:** $65,700–$67,300; $69,500–$71,000.
* **Support:** ~$63,700; $60,950–$61,500; ~$57,820.
* **Strategy:** Mid-term positioning has increased short exposure to ~40% based on model signals. Short-term tactics (30% capital) involve two scenarios: **A)** Testing shorts in the $65,700–$67,300 resistance area upon bearish signals; **B)** Testing longs near the $57,820 support upon bullish reversal signals.
**HYPE Analysis & Strategy:**
* **Structure:** The correction from the July 7th high ($72.97) has formed a ten-segment structure on the 4-hour chart, including a five-segment declining pivot. The current bounce faces two potential paths: 1) A corrective rally if the $56.47 low holds, or 2) Further decline below $56.47 after forming a new declining pivot.
* **Weekly Outlook & Levels:** The key is monitoring the battle between the $60–$63.5 resistance band and the ~$56.47 support.
* **Resistance:** $60–$63.5; $68–$69.5; ~$72.97.
* **Support:** ~$56.47; $52–$55.
* **Strategy:** Consider light short positions (under 20% capital) if price rallies into the $60–$63.5 zone and shows clear reversal signals, with strict stop-loss discipline.
**Trade Review:** A recent short BTC trade was executed at ~$66,319 and closed at ~$65,192, yielding a ~1.70% profit, based on signals from proprietary quant models.
**Risk Disclaimer:** Markets are dynamic; all analysis and strategies require constant adjustment. This content is for informational purposes only, representing personal technical analysis, and is not investment advice. Trade at your own risk.
Odaily星球日报07/27 12:44
