7.18 Midday Market Analysis

Looking back at the morning session, Bitcoin (Big Pie) surged to around 121,000 during the night but encountered resistance and fell back. After finding support near 119,000, it quickly rebounded and touched the 120,800 area again, before entering a period of sideways consolidation, oscillating within a narrow range at high levels, showing a slightly strong oscillating trend.

In summary, the current bullish dominance remains unchanged, and the market is likely to exhibit an upward oscillating trend. It is recommended to maintain a strategy of buying on dips.

For Bitcoin, positions can be built around: 119,800 - 119,300, with targets near 121,700 - 122,200

For Ethereum, positions can be built around: 3,610 - 3,590, with targets near 3,710 - 3,750 #ETH突破3600