7.18 Morning Market Analysis and Trading Suggestions

Looking back at the market situation in the early morning, Bitcoin has skyrocketed to

120951, once again breaking the 120,000 barrier. Ethereum has also reached a recent high of 3500. Currently, Bitcoin's market has rebounded after rising to its peak, and both Bitcoin and Ethereum are gradually showing a downward trend, suggesting that short positions can be taken.

The price ratio has refreshed its high again, with the four-hour price ratio firmly residing above the upper track. However, after several days of continuous ascent, the current price ratio has entered an adjustment phase. As the saying goes, there is no eternal one-sided rise or fall. In light of this situation, we should flexibly adopt a strategy of taking high shorts and low longs to catch the natural pullback opportunities after the rise. Therefore, future operations will focus on high short layouts!

Suggestions:

You can short Bitcoin near 120600, with a target around 119000.

You can short Ethereum near 3480, with a target around 3400. #特朗普施压鲍威尔