7.7 Bitcoin and Ethereum Morning Market Analysis

Bitcoin has strongly risen to the 109700 line, while Ethereum followed suit, hitting a high of 2604 before retreating. On the daily chart, although the MACD death cross continues, the upward momentum is weakening, and short-term trading may continue to adjust. Due to the current lack of upward momentum, technical indicators are leaning bearish, so the morning trading strategy is suggested to focus on high short strategies to seize swing trading opportunities.

Trading Suggestions:

Short Bitcoin near 109300-109700, with a target around 107800.

Short Ethereum near 2580-2600, with a target around 2510. #BTC走势分析 $BTC $ETH