$BTC 7.21 Monday early morning Bitcoin Ethereum latest market analysis and trading suggestions:

The price of cryptocurrencies fluctuates like waves; some are knocked over by the waves, while others ride them. On weekend evening, Bitcoin first tested a low of 117796, then strongly rebounded, reaching a high of 118904 at midnight; Ethereum continued its upward trend from the afternoon, peaking at 3794 in the evening.

From a technical perspective, the hourly MACD has formed a golden cross below the zero line and is moving upward, with red energy bars expanding, indicating sufficient short-term rebound momentum; the RSI has risen from the oversold zone to around 55, not yet in the overbought zone, meaning there is still upward space. Overall, it is in a fluctuating upward channel, and after a pullback, it has verified support, aiming to stabilize above 119000 or challenge 120000. The suggestion for early Monday morning is to focus on high short and low buy as long as the trend remains unbroken.

Monday early morning thoughts:

• Bitcoin: Consider buying around 118000-117800, target 119500-120000

• Ethereum: Consider buying around 3750, target 3850-3900