7.21 Morning Analysis of Bitcoin and Ethereum Market

In the early hours, the daily K-line reached a high of 118856 and a low of 117800. The market shows signs of a top divergence, and there is a high probability that the main force will attempt to raise prices for selling. Therefore, in this trend, one can try to short at high levels, with MACD showing top divergence.

The 4-hour chart indicates that after a price surge, there was a pullback. After a slight retracement, it did not quickly return to the upper band for high-level fluctuations. Overall, the market is still dominated by bulls, and future operations can continue to focus on long strategies around low levels to seize upward opportunities.

Bitcoin can be shorted around: 117200 - 116700, with targets of 119000-119600.

Ethereum can be shorted around: 3730-3700, with targets of 3830-3870 #BTC走势分析 .