$BTC 7.21 Monday Early Morning Bitcoin Ethereum Market Analysis and Trading Suggestions

The path in the cryptocurrency world is filled with thorns and fog, but every breakthrough from difficulties brings us one step closer to financial freedom. Don't be intimidated by short-term fluctuations; hold onto your beliefs, grasp the trends, and let time be your strongest ally to reap your rich rewards. Bitcoin rebounded from the low of 117243 in the early session, reached 118200, and then entered a consolidation phase. After sufficient accumulation during the day, the bulls made another move in the evening, peaking at 118856. Ethereum performed even better, starting its rebound from the low of 3536 and consistently maintaining a steady upward trend, finally reaching the daily high of 3799. Although there was a brief pullback during the session, the bears were never able to organize an effective counterattack. Based on accurately grasping the market rhythm, we successfully realized our bullish strategy. Specific operations: Bitcoin long position at 117800 was closed for profit at 118700, capturing a space of 900 points; Ethereum long position at 3646 was closed for profit at 3716, achieving a space of 70 points. Overall, today's trading strategy was executed well, resulting in considerable profits.

From the 4-hour candlestick chart, the market has shown a clear consolidation pattern in the last 48 hours. During the two trading days of the weekend, the price remained below the middle track, forming an alternating candle pattern. In the evening trading session today, the bulls suddenly intensified their efforts, accompanied by increased trading volume, breaking through the middle track resistance level. This bullish candlestick has a full body with almost no upper shadow, indicating that the bulls are not hindered by any momentum. The next target can look towards the upper track resistance area, which is also a previous high-volume trading zone. If the volume can continue to increase, there is hope for a new upward trend, with a bullish approach in mind for the early morning.

Bitcoin: Buy near 118400-117900, short-term target 120000

Ethereum: Buy near 3760-3780, short-term target 3860