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

In the cryptocurrency futures trading, the cultivation of mindset is not achieved overnight; it requires us to continually explore and summarize in practice. Only with a strong mindset can we stand firm in this market full of challenges and opportunities, and achieve our investment goals. I hope everyone can maintain a good mindset in cryptocurrency futures trading and reap their wealth. Reviewing the evening, Bitcoin rebounded to a high point of 109065 before pulling back, touching the lowest point of 107455. Currently, the pullback is around 107800. Ethereum synchronized with Bitcoin, starting the pullback from the highest point of 2555 and touching the lowest point of 2498. In the afternoon, Qianyu suggested a low long strategy to take a wave of pullback and secure some points.

From the current market perspective, the four-hour MACD fast and slow lines have diverged below the zero axis, indicating an increase in bearish momentum. The hourly RSI has reached oversold but there is a demand for technical rebound; if the midnight rebound is weak, it will continue to decline. In terms of operations, Qianyu suggested a low long strategy; if the rebound fails, consider changing strategies. If it does not break the previous range, operate on the basis of range correction; if it breaks, chase the trend. Strictly enforce stop losses!

Friday midnight strategy:

Buy Bitcoin around 107300, target 109000.

Buy Ethereum around 2480, target 2550.