Friday Afternoon Analysis on 7.11:

Bitcoin has seen a significant increase in a short period, and there may be a pullback in the short term. However, it is important to note that even if the market experiences a substantial correction after a big surge in volume, it will go through a process of gradual highs and lows lasting three to five days, which signals a top to escape.

Ethereum still has room for upward movement in the subsequent market. When approaching around 3200 points, the market may experience a pullback after reaching a peak, but the overall K-line center will continue to rise, maintaining a slow upward trend.

Trading Suggestions:

Bitcoin: Pull back to around 115500-115200, target around 116500-117000, do not break this level. $BTC

Ethereum: Pull back to around 2940-2920, target around 3040-3060, do not break this level. $ETH