$BTC 7.18 Evening Operation Guide:

Looking back at the afternoon market, Bitcoin started to adjust from around 121000, dropping to near 118400 before entering a sideways consolidation phase, with the short-term fluctuation range gradually narrowing.

From the hourly Bollinger Bands perspective, the current three lines are flat, which visually reflects that the short-term market has entered a consolidation pattern, with both bulls and bears locked in a stalemate. It is worth noting that it is gradually approaching the lower band; if it can stabilize effectively near the lower band, it may become a short-term signal for a bottoming out.

$BTC : Go long around 118400-117500, target 119800-121000.

$ETH : In the afternoon, break through the key level of 3625. Currently oscillating around 3600, one can go long in the range of 3580-3600, target 3715-3750.