$BTC 7.19 Saturday and Sunday Bitcoin and Ethereum latest market analysis and trading suggestions:

You are maneuvering between long and short positions, as if walking a thrilling tightrope act. But you haven't noticed that both ends of the wire have been violently pulled in completely opposite directions by the market. You are trying to stabilize your center of gravity, but each seemingly clever adjustment brings you one step closer to the abyss—the so-called balance is merely another form of falling. Looking back at the early morning, Bitcoin did not make significant moves and maintained a narrow range of fluctuations, rebounding after dropping to 116788, with the highest reaching 118000 in the early morning. Ethereum mirrored this trend, dipping from 3624 to 3477 before consolidating in the range. In the early morning, Qianyu decisively cut losses on the low long strategy and abandoned entering a short position, securing over 1300 points, while Ethereum captured a space of 94 points!

From the current market perspective, the daily MACD histogram remains above the zero axis. Although there has not been a significant increase in volume, the fast line and slow line maintain a golden cross state, indicating that short-term bullish momentum is still continuing, albeit with weak strength. The four-hour RSI is currently in the 50-60 range and has not reached the overbought area, suggesting that there is no strong pressure for a price retracement, and a strong oscillation pattern may continue. For intraday operations, Qianyu suggests maintaining a high short and low long strategy as the trend has not yet broken through the range.

Saturday and Sunday strategy:

Go long on Bitcoin near 117000, with a target of 119000.

Go long on Ethereum near 3560, with a target of 3680.