This article is published under KTX Crypto Academy's "Market Analysis" section. It is based on the KTX Baize Business School Web3 official market livestream, covering BTC, ETH, altcoin opportunities, market review, and trading education. This session focused on BTC/ETH short profit-taking, the possible weekly-level rebound path in July, account structure management, and strategy observations on SOL, ZEC, LAB, OP, and tokenized U.S. stock assets.

Lead instructor: Teacher Zeyu / Zeyu Laoshi (7-8 years of crypto trading experience, 4 years of livestream experience)

Livestream platform: KTX official Chinese Lark community

Core topics: BTC/ETH short profit-taking · July rebound setup · Account management and altcoin/U.S. stock strategy

Full Livestream Replay:

The full KTX Baize Trading Academy Web3 market livestream has been uploaded to YouTube.

1.Key Takeaways

1. BTC shorts opened near 63,055 have moved into profit. Zeyu suggested taking partial profit near 62,000, then continuing to manage the position around 61,000-60,600.
2. ETH shorts opened near 1,785 also entered a profit-taking zone. The key levels discussed were 1745, 1705, and 1666.
3. July should not be treated as a simple "chase shorts" market. Zeyu currently prefers watching for a weekly-level rebound first, with BTC's rebound target around 68,000-70,000.
4. The medium-term view remains cautious. If BTC rebounds and then weakens again, a later break below 55,000, or even a test near 50,000, remains possible.
5. Altcoins are showing clear divergence. SOL is relatively strong, while ZEC, LAB, OP, and similar names require stricter control of timing, funding fees, and stop losses.
6. On account management, Zeyu suggested separating trend accounts from intraday accounts. Market information can be referenced, but too many opinions should not disrupt one's own trading framework.

2.Core Questions From This Session

1. Should BTC shorts near 63,055 continue to be held, or should profits be taken in batches?
2. Why should traders avoid blindly chasing shorts in July and instead watch for a weekly-level rebound?
3. How should ETH shorts near 1,785 be managed, and where are the next possible long-entry zones?
4. Why should traders avoid spreading too many positions across altcoins in the current market?
5. How can KTX's unified account system, prediction market, AI tweet aggregation, and RWA/tokenized U.S. stock products support trading decisions?

3.Opening Review: BTC and ETH Shorts Entered Profit-Taking Zones

At the start of the livestream, Zeyu first reviewed how to manage the current BTC and ETH short positions.

For BTC, the average short-entry area was around 63,055. During the livestream, BTC had already pulled back to around 62,000, placing the short position in profit. Zeyu said traders could take partial profit near 62,000, and continue to manage the remaining position if price moved toward the 61,000-60,600 zone.

The key point was not to chase new shorts, but to lock in profits from an already profitable trade. Since there is still a planned rebound-long setup later, holding the entire short position without reducing exposure could easily cause unrealized gains to be given back during a fast rebound.

For ETH, the short-entry reference was around 1,785. The levels discussed in the livestream were 1745, 1705, and 1666 as staged profit-taking and observation zones. For users whose short entries were relatively low and who felt pressure over the weekend, Zeyu emphasized that once the position reaches breakeven or gets close to cost, reducing exposure is important. A trade should not become so stressful that it affects sleep and judgment.

4.Trading Education: Do Not Turn Trading Into Emotional Pressure

This session included an important reflection on trading experience.

Zeyu said that when he started trading contracts in 2019, he also went through repeated liquidations. The biggest problem at that time was the lack of a bull-bear framework and insufficient understanding of token background, market structure, market cap, and capital logic. The mindset was simply "if it has gone up too much, it should be shorted," which led to repeated counter-trend trades during an uptrend.

Over time, his trading system changed in several key ways:

• Do not open counter-trend trades without a clear reason.
• Every left-side entry must have controlled risk.
• Being wrong on a single trade is acceptable, but the loss must stay within one's tolerance.
• Before trading, understand the market background, token logic, position structure, and cycle stage.
• Accumulate in batches during declines, and sell in batches during rallies; do not do the opposite by chasing highs and panic-selling lows.

Zeyu emphasized that trading should not be a source of constant pressure. If the position is too large and affects eating, sleeping, or daily judgment, even a correct direction can become difficult to execute properly.

5.Overall Market View: July May See a Rebound, but the Medium-Term View Remains Cautious

Zeyu reviewed the earlier BTC short setup from above 81,000 and the later profit release near 58,000. BTC is now close to the weekly Fibonacci 0.618 area, so it is not suitable to blindly chase shorts at this stage.

His view is that July may be a rebound-focused month. If the 58,000-59,000 zone holds effectively, BTC may have a chance to rebound above 68,000 and potentially approach the 70,000-71,000 area.

However, this does not mean the market has returned to a bull trend. Zeyu believes that if BTC rebounds toward 70,000, traders should still watch for the next opportunity to build shorts. On a longer timeframe, BTC may still break below 55,000 and even move toward the 50,000 area.

For spot investors, Zeyu mentioned that if BTC falls below 50,000, or ETH falls below 1,600 or 1,500, buying some spot through a dollar-cost-averaging approach may be reasonable. But contract trading should still be handled with intraday and swing-trading logic; long-term spot logic should not be directly applied to high-leverage contracts.

6.BTC Trading Plan: Lock In Short Profits, Then Wait for a Rebound Long

The BTC plan is divided into two steps.

First, take profits from existing shorts in batches. The short position opened near 63,055 is already profitable. Some profit can be taken near 62,000, with further management around 61,000-60,600.

Second, wait for a low-area rebound-long setup. In the livestream, the 60,800-60,600 zone was discussed as a more aggressive area to attempt a long, with the stop loss mainly around 59,000. A more conservative approach would be to wait and see whether the 58,000-59,000 zone forms effective support.

Zeyu stressed that a long here is not a trend reversal trade. It is a rebound trade. The logic is that the market may first allow short sellers to take profit, then give long traders hope, before creating new liquidity at higher levels. If the 58,000-59,000 zone breaks directly, the rebound scenario needs to be reassessed.

7.ETH Trading Plan: Stronger Than BTC in the Short Term, Watch 1666-1700

ETH has been relatively stronger than BTC in this move. When BTC pulled back, some altcoins and ETH did not fall as much, showing that market strength is no longer moving in perfect sync.

During the livestream, the ETH short near 1,785 had already moved into profit. The first observation zone was around 1745, followed by 1705 and 1666 as lower staged levels. Zeyu reminded traders that ETH is not "turning bullish" here; the idea is still to trade a rebound. After the pullback is complete, the 1666-1700 zone can be watched for a possible long setup.

During the Q&A, Zeyu added another lower ETH observation range: 1633-1666/1676. If ETH breaks directly below 1600, the rebound setup is basically invalid. If it continues below the 1550 area, traders should avoid forcing the position.

8.Prediction Market and the World Cup: Defend Against Draws in Knockout Matches

The livestream also demonstrated KTX's prediction market. The platform supports 1-hour, 4-hour, and intraday price direction predictions for crypto assets such as BTC, as well as World Cup-related match predictions.

Zeyu highlighted that once the World Cup enters the knockout stage, the logic is different from the group stage. A knockout match must eventually produce a winner, but the regular 90 minutes can still end in a draw before extra time or penalties. Therefore, when participating in football predictions, traders should not only think about who advances; they also need to defend against the risk of a draw in regular time.

9.Account and Information Management: Two Accounts Are Enough; Do Not Let Opinions Disrupt Your System

Zeyu briefly discussed KTX's unified account system. One account can create multiple sub-accounts, but in real trading, users do not need to divide their capital into too many accounts.

A practical setup is to keep two accounts:

• Trend account: used for longer-cycle swing positions.
• Intraday account: used for short-term trades, pullbacks, rebounds, and daily plans.

If a trader is more experienced, three or four accounts can be used. But for most users, too many accounts only increase management difficulty and distract attention.

The same applies to AI tweets and market commentary. KTX allows users to view popular tweets, KOL opinions, and digital-asset analysis, but Zeyu said these should only be used as references. The more opinions traders read, the more complicated their thinking can become, making it harder to execute. Traders must keep their own decision-making framework.

10.Altcoin and Other Asset Strategy

10.1 SOL: Relatively Strong, but Still Wait for a Pullback

SOL was mentioned as a relatively strong name in this session. Zeyu noted that SOL had largely recovered the decline that began in early June. On-chain buying and market interest still appear to exist, but it is not suitable to chase directly in the short term.

The strategy remains to wait for a pullback. If BTC/ETH rebound as expected, stronger altcoins may rebound more sharply; however, if the broader market pulls back, altcoins can also resume downside movement.