7.2 Morning Analysis

From the daily chart, yesterday's closing was a bearish candle, with alternating forces of short selling and long buying, resulting in an overall compression trend. The five-day moving average above has turned downward, continuing to be suppressed by market trends. If it cannot break through and stabilize at this key position during the day, there is a high probability that the market will still have room to decline later.

Bitcoin is expected to range from 106,000 to 106,500, with support around 104,500.

Ethereum is expected to range from 2,430 to 2,460, with support around 2,350. #币圈 $BTC $ETH