#BTC再创新高 7.11 Evening Bitcoin and Ethereum Market Analysis and Short-term Layout!
Do not fear the fluctuations in the crypto market; every rise and fall is a new opportunity brewing. The ups and downs of the market are like breathing; having rises and falls is the norm. When prices drop, do not panic; it may be a window that fate has opened for you, giving you the chance to enter at a lower cost. Just like waiting for the dawn's light in the darkness, if you hold on, you will welcome hope. On Friday morning, Bitcoin first slightly retreated to the low point of 115186 before rebounding and stretching higher, with the price hitting the high point of 118395 while refreshing its historical high again. Ethereum's morning performance mirrored Bitcoin's, retreating to the low point of 29136 before stopping and then strongly probing up to the high point of 3029. The bullish perspective given earlier after the retracement performed perfectly, and at the same time, the Bitcoin long position, entered at 116429, achieved the target exit point of 118358 in the morning, securing a space of 1929 points. In the crypto world, it is not about who can run the fastest at any given moment, but about who can stand more firmly in the storm.
The approach of Bitcoin's retracement touching the support is not wrong, but it is difficult to catch it near an ideal support level again; the bulls are still relatively strong, so let's wait for a slight pullback to enter!
Operational Suggestions
Bitcoin Strategy: Buy around 117600, Target: around 118900. Ethereum Strategy: Sell around 2980, Target: around 3030. #以太坊ETF的批准预期