7-21 Early Morning BTC-ETH
Bitcoin's weekend volatility has narrowed. Early Friday, bulls exploded and broke through 120900, but later in the evening, it faced pressure and fell back, remaining in a range-bound consolidation. Over the weekend, influenced by the US stock market's closure, it showed signs of bottoming out and consolidating. There is clear support below, and it is highly likely to continue rising, with resistance to watch at 120000 and the previous high of 123300, while support is at 118300 and 117000, still low volatility.
Ethereum is too strong to predict a top for now. Resistance above at 3950, 4000, and 4110.
BTC 1175-1180 volatility, watch 1195-1210
ETH 3710-3740 volatility, watch 3860-3930
