$BTC 7.4 Friday morning Bitcoin and Ethereum latest market analysis and trading suggestions:

On the investment road, mindset is the shield, trust is the sword. The core chips for retail investors to break through are never limited to candlestick charts. Do not forget the original intention of your expedition due to temporary losses, and do not give up the determined course because of a single setback. If you give me a measure of trust, I will definitely help you overcome challenges in a systematic manner. Looking back at the early morning, Bitcoin rebounded to a peak of 109956 before pulling back, with a minimum touching the low of 109493. Ethereum moved in sync with Bitcoin, starting its rebound at the peak of 2565 and reaching a high of 2603, currently pulling back around 2580.

From the current market perspective, the four-hour MACD fast and slow lines may form a death cross at high levels or show signs of shortened red bars. RSI has retreated from the overbought area and is currently in the 50-60 zone. This indicates that upward momentum has temporarily weakened but has not entered the oversold territory. It is necessary to observe whether it can stabilize above 50. The Bollinger Bands price has pulled back from the upper band and is testing the support around the mid-band at 109500. If it holds the mid-band, there is still a possibility of rebounding to the upper band; if it breaks down, it may slide to the lower band. In the morning operations, the suggestion is to consider a low long strategy, and if the rebound fails, a change in strategy may be needed.

Friday morning strategy:

Buy Bitcoin around 108800-108500, targeting 110500.

Buy Ethereum around 2560, with a target focus on 2650.