$BTC 7.12 Bitcoin and Ethereum Latest Market Analysis and Insights Early Saturday Morning

There are no forever sunny days, nor are there welded black nights. The ups and downs are just the market's breath; rushing to draw conclusions based on temporary gains or losses is less beneficial than learning to steady your heartbeat amidst the fluctuations—don't get carried away with gains, knowing that risks are hidden in the revelry; don't panic with losses, understanding that opportunities may lie buried in the troughs. Bitcoin fell back after fluctuating in the evening, dropping from a high of 118191 to a low of 116611 before rebounding, currently recovering to above 117000; Ethereum slightly rebounded to a high of 3011 before facing pressure and falling back, rebounding after touching a low of 2939. On Friday, the daily thousand languages all leaned towards a low-buy strategy, with Bitcoin taking about 9400 points of space, and Ethereum taking about 82 points of space.

From a daily perspective, the hourly MACD green bars are narrowing, about to form a golden cross, indicating a short-term bullish momentum warming up. The Bollinger Bands are tightening, receiving support at the middle band, with resistance at the upper band around 118500. RSI has rebounded from the oversold zone to around 50, indicating that selling pressure is alleviating, with no obvious overbought signals at present. The short-term fluctuation is slightly bullish, needing to pay attention to whether the 117500-118000 range can effectively break through; if it stabilizes, it may test previous highs, while if it falls back and breaks below the 116500 line, it may return to the 116000-117000 range for consolidation. In terms of operations, it is suggested to focus on low-buy strategies.

Early Saturday Morning Operation Suggestions

Buy Bitcoin around 117000, target at 119000

Buy Ethereum around 2950, target at 3050.