Yueying: 7.12 Bitcoin Ethereum Today's Market Analysis Bitcoin Strongly Aiming for 120,000 Beware of Pullback Adjustment Actions

I am Zhou Yueying, and let's look at today's share!

Bitcoin Technical Analysis————

Bitcoin has strongly broken through and surged again, creating a new historical high. On the daily chart, it shows a four consecutive days upward breakthrough of the upper band, the Bollinger Bands are in an opening state, and the short-term moving averages are running upwards. The MACD fast and slow lines have crossed upwards, with an increasing volume column, and the KDJ has crossed upwards, paying attention to resistance near the 100 value. The VR indicator is consolidating near the 140 value. Looking at the 4-hour chart, the market has a six consecutive days upward surge breaking through the upper band, and it has currently returned to the downward fluctuation. The Bollinger Bands are in an opening state, and the short-term moving averages are arranged upwards. The MACD fast and slow lines are extending upwards, with a shrinking volume column, and the KDJ has turned down again, while the VR indicator is consolidating near the 220 value. Overall, the technical aspect continues to lean towards strength, but this wave of over 10,000 dollars increase has not seen a proper pullback adjustment. Therefore, if it continues to surge, one must remain vigilant; both oscillation adjustments and small pullback adjustments are normal and healthy trends. Technical indicators also need correction, and short-term operations must pay attention to risk control, whether it is trend-following or counter-trend testing must consider risk control. Look at the short term.

Bitcoin Short Term: 119,800 Short (120,900 Short), 115,800 Long (strategy activation has space for self-grasp)

Ethereum Technical Analysis————

Ethereum has broken through the 3,000 mark and entered a slight pullback adjustment. The overall technical aspect is linked to Bitcoin for reference. This wave of increase of over 500 dollars also did not see a proper pullback adjustment. Following the same reasoning, be cautious about any further surges without pullbacks. Pay attention to resistance around 3,100 and 3,200 in the short term, and intervene according to the situation. Look at the short term.

Ethereum Short Term: 3,088 Short (3,180 Short), 2,930 Long (2,858 Long) (strategy activation has space for self-grasp)

——I am Zhou Yueying, a teacher focused on technical analysis. Friends who have any questions about operations or trends can communicate and learn operations with me! See you next time. $BTC $ETH #ETH突破3000