$BTC 7.20 Sunday early morning Bitcoin Ethereum latest market analysis and trading suggestions:

In the cryptocurrency circle, what you want is not followers, but fellow travelers who also believe that 'slow is fast.' Bitcoin rebounded and fluctuated upward from the support level of 117,379 to 118,340 but did not stabilize. In the evening, the bears pushed down to a low of 117,615, stopping the decline. Ethereum synchronously surged and then fell back, adjusting downward under the dominance of bears after reaching a high of 3,608 in the morning, ultimately finding support at 3,525. On Saturday, Qianyu provided the strategy of high short and low long within the range, leading students to capture over 1,300 space in Bitcoin and 94 space in Ethereum.

From the current market perspective, short-term moving averages are showing signs of flattening, with prices fluctuating around the range, and no clear trend direction has formed yet. The MACD indicator is fluctuating slightly near the zero axis, with the momentum bars contracting, indicating a cautious tug-of-war between bulls and bears. If it can stabilize above 118,300 in the future, there may be a continuation of the rebound; conversely, if it falls below the support level of 117,600, it may further test the strength of the previous support at 117,379.

In the early morning, Qianyu suggests focusing on low absorption before breaking through the previous high.

Sunday early morning strategy:

Bitcoin can be bought around 117,500, with a target of 118,500.

Ethereum can be bought around 3,520, with a target of 3,600.