7.18 Early Morning BTC-ETH

Recently showing a wave pattern, BTC broke 120000 yesterday and retraced to 117500, with strong support around 117500. Several attempts to break through have yielded results, overall in a box-like fluctuation, but the upward momentum is weak; after the decline, it managed to recover. Overall, the bias is upward, and the low upward strategy remains unchanged.

Four-hour chart: Bollinger Bands are flat, with prices near the middle band; KDJ has a golden cross and is trending upwards, MACD is showing bullish momentum. The upper band pressure is at 120000, and a breakout would continue the upward trend.

BTC 1180-1185 bullish, looking at 1206-1220

ETH 3380-3410 bullish, looking at 3500-3560