Xiaoyao Kol: Bitcoin Ethereum Midday Market Analysis 7.1

Bitcoin has recently continued to oscillate in a narrow range of 106,000-108,000, with multiple attempts to break higher being suppressed. The consecutive daily bullish candlestick pattern has been interrupted by a bearish candlestick, indicating a loss of upward momentum. The four-hour Bollinger Bands are narrowing horizontally, and K-line frequently shows inverted T-shaped lines and long upper shadows, indicating heavy selling pressure above. The MACD energy bars are slightly decreasing, and the short-term trend is leaning towards consolidation. Ethereum is constrained by the resistance zone of 2,500-2,530, with multiple attempts to break higher followed by pullbacks. The four-hour chart K-line shows a high opening escape pattern, and the narrowing of the Bollinger Bands suggests a potential trend change. During the decline, the trading volume decreased, but the rebound momentum is insufficient. The RSI is in a neutral to weak area (below 50), and the short-term is still dominated by consolidation. It is recommended to enter consolidation at high positions during the day.

Operational suggestion: Enter consolidation near 107,500 to 108,000 for Bitcoin, targeting around 106,500. For Ethereum, enter consolidation near 2,490 to 2,520, targeting around 2,430. The market situation is constantly changing, and this article is time-sensitive. Friends entering the market should focus on real-time guidance at #Solana质押型ETF .