The long strategy for Bitcoin/Ethereum proposed last night reached a high of 120,000/3400 early this morning, with Bitcoin gaining over a thousand points and Ethereum gaining over a hundred points.
Morning analysis on July 17: The daily chart shows a recent continuous price rise, forming several large bullish candles. Especially after breaking through the previous high of 3425 on July 16, the price has pulled back but remains strong. The hourly chart shows a volatile upward trend, with the current price consolidating around 3380, having tested the 3390-3400 area multiple times without an effective breakthrough. MACD continues to expand upwards, with both DIF and DEA above the zero line, and the momentum bars are gradually shortening, indicating a need for adjustment; the daily MACD is in a strong zone, showing good trend continuity. RSI is approaching the overbought zone but has not shown a significant divergence; daily RSI remains above 80, indicating the market is in a strong upward trend. EMA7, EMA30, and EMA120 are in a bullish arrangement, and the price consistently runs above EMA7, providing strong short-term support; the daily EMA is also in a bullish arrangement, with EMA30 (3239) serving as important support. The morning still maintains a pullback long strategy.
Bitcoin: Long at 118500-118000, target near 120,000
Ethereum: Above 3350-3300, target 3430-3450
#BTC再创新高 #ETH突破3000 #ETH突破3000
