Weekend Afternoon Silk Recording on 7/20:

The price of Bitcoin fell back to around 117200 after reaching approximately 118500 last night, then rebounded to around 118100, currently oscillating around 117800. As for Ethereum, it dropped to 3526 last night before stabilizing and rebounding, showing a stepped upward movement to around 3626, with the current price oscillating around 3610.

The overall market on the weekend continues to exhibit a narrow oscillation pattern with limited fluctuations. Various technical indicators are signaling a pullback, and it is advised to focus on establishing positions after rebounds, expecting the market to maintain small range oscillations. Recently, Bitcoin has mainly been oscillating around 117900; although it is generally on an upward trend, the increase has noticeably slowed. The candlestick pattern and technical indicators indicate that the market has entered a phase of oscillation or slight pullback, so it is recommended to maintain a rhythm of short-term high selling and low buying.

Suggestions:

Bitcoin can be entered at around 117500 with a target towards 118500.

Ethereum can be entered at around 3630 with a target towards 3680.#山寨季何时到来？ #特朗普施压鲍威尔 $BTC $ETH