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4 saat önce
