BTC/ETH Analysis on the Morning of July 14

Regarding the recent small bull market, the market hit the brakes last Friday. After two days of consolidation and repair, it broke through to a new high near 1195 early this morning, indicating that the bulls, like wild horses, are eager to charge into a new wave. Currently, it seems that the trend is being manipulated by institutions. We predict there will be a small pullback to induce shorts before rebounding to the 1240-1280 range, where another round of harvesting will occur before a correction.

From a daily perspective, the price has been rising along the upper Bollinger Band, supported by a red three soldiers pattern. The MACD shows a golden cross with increasing volume and diverging upwards, while the RSI and KDJ indicators complement each other, all highlighting that the trend will continue to rise.

BTC 1077-1083 support, stop loss at 800 points, target 1187-1197

ETH 2935-2950 support, stop loss at 40 points, target 3010-3040 $BTC $ETH $DOGS