7.15 Morning Market Analysis and Trading Suggestions

Looking back at the early morning Bitcoin hourly chart, it is also a very stable oscillation. The daily candlestick has a high of 123300 and a low of 118800. Currently, the candlestick shows a hammer pattern, and the market outlook is bearish. It has already risen for 7 consecutive days, wiping out most of the shorts. In the short term, some shorts are no longer willing to follow in. However, from the current market perspective, the short profit ratio is greater than the long. From the daily candlestick perspective, the candlestick has been away from the EMA for too long and urgently needs to pull back to the EMA midline position around 114200.

Bitcoin: Enter around 120000, target around 118000

Ethereum: Enter around 3030, target around 2960 #美国加密周