mt logoMyToken
ETH Gas
EN

Today's market analysis and strategy suggestions

2026-07-13 12:45:44
Shareshare
Our internal community is continuously placing orders, but article updates may be delayed. For those interested in following our trades, please check my QQ number on my profile page or join our free discussion group. The US airstrikes on Iran, the closure of the Strait of Hormuz, rising oil prices, and increased interest rate hike expectations to 34% are putting pressure on risk assets. BTC is currently trading at $62,920 (-1.45%), and ETH at $1,779 (-1.14%). BTC Technical Analysis: The daily chart shows a break below the MA5 (64,000) and MA10 (63,400), and the 4-hour MACD shows a bearish crossover with increasing volume, indicating a bearish trend. Resistance levels are 63,500/64,000, and support levels are 62,500/62,000/61,500. ETH Technical Analysis: ETH is also declining, breaking below the MA5 (1,800), with support at the MA20 at $1,760. Resistance levels are 1,800/1,820, and support levels are 1,760/1,740/1,720. BTC Strategy: Sell at 63,500-64,000, stop loss at 64,500, target 62,500-62,000; Buy on a pullback to 61,500-62,000, stop loss at 61,000, target 63,000. ETH Strategy: Sell at 1,800-1,820, stop loss at 1,850, target 1,760-1,740; Buy on a pullback to 1,720-1,740, stop loss at 1,700, target 1,780. Risks: Geopolitical factors dominate market movements; tomorrow night's CPI and Fed testimony are variables. Use light positions with stop losses; hold short positions if conflict escalates, take profits if the situation eases.
Disclaimer: This article is copyrighted by the original author and does not represent MyToken’s views and positions. If you have any questions regarding content or copyright, please contact us.(www.mytokencap.com)contact
More exciting content is available on
X(https://x.com/MyTokencap)
or join the community to learn more:MyToken-English Telegram Group
https://t.me/mytokenGroup