Analysis and Suggestions for Tuesday, July 15th
From the hourly chart perspective, the Bollinger Bands show a state of deep downward divergence, with the bearish trend strongly rebounding, continuously driving the market downward. The upper, middle, and lower bands of the Bollinger Bands are all significantly tilted downward, and the distance between the three bands has clearly widened, indicating an increase in price volatility with a clear downward direction.
This deep downward divergence pattern indicates that the bearish forces are completely dominant, with strong selling pressure in the market, providing sufficient momentum for the continued downward trend. The afternoon layout suggestion is to operate in line with the trend, still focusing on the 116000 level.
Suggestions:
Bitcoin: Watch around 117300-117800, look at 116000-115000 nearby.
Ether: Watch around 3010-3040, look at 2950-2920 nearby.
