July 20: BTC/ETH Market Analysis

Looking at the 4-hour level, the current price is below the middle band of the Bollinger Bands and is in a fluctuating downward trend. The black three soldiers indicate that the price will continue to weaken in the short term.

MACD: The DIF and DEA have formed a death cross and are diverging downwards, with green bars expanding, indicating that bears continue to dominate.

KDJ: The K and D lines have formed a golden cross at a low position, indicating a possible short-term rebound, but the strength is limited.

RSI: Overall, it is around 40, with a clear downward trend, and market momentum is weak.

BOLL: The current price is near the middle band, and the narrowing of the Bollinger Bands shows that the market is entering a consolidation phase.

BTC suggestion: Around 118300 - 118800, target 116900 - 116400,

ETH suggestion: Around 3620 - 3640, target 3520 - 3480.

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