7.18 Morning Thought Analysis

During the night, the Bitcoin presented a characteristic of fluctuating with a rise and then a drop, with price movements showing strength first and then stability. After starting the rise from the 118300 level, it once broke through to the high of 121000, and then gradually fell back to around 119000, entering a range consolidation. The overall fluctuation range has expanded compared to the previous period, and the divergence between bulls and bears is evident at high levels, but the upward trend has not been significantly damaged.

From a technical perspective, short-term bullish momentum still prevails. The hourly MACD has formed a golden cross with the red bars continuing to expand, suggesting increased upward momentum. The Bollinger Bands are opening upwards, and the price is stable above the upper band, indicating a continuation of the strong pattern in the short term; the four-hour level shows a stair-step rising pattern. Although there was a rapid drop after hitting a new high, the extent of the drop is controllable and has not changed the overall structure dominated by bulls. During the day, focus on buying opportunities after a pullback to support.

Operation Suggestions

Bitcoin: Buy around 119800, target 121500

Ethereum: Buy around 3580, target 3680#以太坊连续两日领涨 #特朗普施压鲍威尔 #比特币巨鲸动向 #美国加密周 #BTC走势分析 $BTC