7-20 Weekend Early Morning BTC-ETH

The current market shows a short-term moving average flattening trend, with prices maintaining a range-bound fluctuation, and the overall trend direction remains unclear.

The MACD indicator fluctuates slightly near the zero axis, with the momentum bars continuously shrinking, indicating that both bulls and bears are increasingly cautious in their battle, and market sentiment leans towards a wait-and-see approach.

Future movements need to pay attention to key levels: if it can hold above 118300, the rebound trend is likely to continue; if it breaks below the support level of 117600, it may further test the strength of the previous support at 117379.

BTC can be positioned for a long order in the range of 1172-1176, targeting around 1185-1195.

ETH can be positioned for a long order in the range of 3530-3550, targeting around 3590-3630.