$BTC 7.20 Sunday early morning Bitcoin and Ethereum latest market real-time analysis and operation suggestions:
In the cryptocurrency circle, what you want is not followers but like-minded companions who also believe that 'slow is fast.' Bitcoin rebounded from the support level of 117379 and fluctuated upwards to 118340 but did not stabilize. In the evening, the bears pushed it down to a low of 117615, stopping the decline. Ethereum synchronized with a rise and then fell back, reaching a high of 3608 in the morning before adjusting, with bears dominating the downward fluctuations, ultimately finding support at 3525.
From the current market perspective, short-term moving averages show signs of flattening, with prices fluctuating around the range, and no clear trend direction formed yet. The MACD indicator is slightly fluctuating near the zero axis, with the momentum bars shrinking, indicating cautious competition between bulls and bears. If it can stabilize above 118300 later, it may continue to rebound; conversely, if it falls below the support of 117600, it may further test the strength of the previous support at 117379.
In the early morning, it is suggested to focus on low buying before breaking through the previous high.
Sunday early morning strategy:
Bitcoin can be bought around 117500, targeting 118500.
Ethereum can be bought around 3520, targeting 3600.