Evening Bitcoin and Ethereum Strategy on July 17
The current market is still in a volatile phase. Although the bullish rhythm has not been broken, the upward process is not easy. The bulls' previous accumulation has not been fully released, and the direction still leans upward, but we must also be wary of a bearish counterattack near the key resistance level.
The market is fluctuating, and short-term operations should mainly focus on low buying, with quick entries and exits, while also managing stop losses to guard against sudden pullbacks.
Operation Suggestions:
Bitcoin: Lightly test long positions in the range of 107700-107200, targeting 120500.
Ethereum: Try long positions in the range of 3430-3400, targeting 3550. Pay attention to the pressure above 3480; if it can't hold, consider taking profits first.
