7.10btc/eth Strategy Analysis:
In the early hours, due to the Federal Reserve's announcement that most participants support considering interest rate cuts in July and the decrease in yields from the U.S. ten-year Treasury auction, investment funds flowed into cryptocurrencies, leading to a significant surge in crypto prices!
Currently, Bitcoin is in a clear upward trend, with the MACD forming a golden cross. The significant increase has also caused both the KDJ and RSI to enter the overbought zone, indicating a certain risk of correction in the short term. However, there is no need to be overly cautious, as it has broken new highs and typically rebounds quickly after a pullback. The upward momentum is still present. During the day, pay attention to the 1105 level; if the four-hour pullback does not break, the upward trend can continue, and at worst, it can maintain a range. The upper resistance is at 1113-1119.
BTC: In the range of 1103-1108, maintain a defense of 700 points, target 1113-1119.
Ethereum, due to the support caused by spot staking, is performing very strongly. After a pullback, it has remained at a high level. During the day, pay attention to the 2730 level; as long as the four-hour closing remains stable above, the market is still in an upward trend. The upper resistance is at 2775-2808-2838.
ETH: In the range of 2723-2738, maintain a defense of 40 points, target 2775-2808.