$BTC 7.21 Monday Afternoon Bitcoin and Ethereum Market Analysis and Trading Suggestions

Life may be full of ups and downs, but dreams are like the brightest stars in the night sky, always hanging high and shining brilliantly. When you find yourself in a low point, don’t be afraid, because every step forward is a step up; when you are shrouded in failure, don’t panic, that is success testing your determination. Destiny never favors anyone, but it will be generous to those who give their all. As long as you have passion and firm steps, everything you long for will eventually come to you unexpectedly. Start now, heading towards the light in your heart, to embrace the vast future that belongs to you; you are much stronger than you think! After hitting a low of 116454, Bitcoin gained strong support, with bullish momentum accumulating to push the price upward, reaching a high of 118916. Ethereum's trend remained in sync with Bitcoin, quickly organizing a counterattack after retracing to the 3700 level, with the price peaking at 3812. Xiaoge once again demonstrated precise market prediction abilities, with the bullish strategy proposed in the morning perfectly realized. At the same time, a long position in Bitcoin was accurately entered at 116700 and exited for profit at 118000, successfully capturing a space of 1300 points, while the Ethereum long position was entered at 3716 and exited at 3784 for a profit of 68 points. Overall, today's morning market trend completely met expectations.

The 4-hour chart for Bitcoin shows that the price rebounded from a low and successfully stood above the middle track, breaking the narrow fluctuation trend of the weekend in the short term. However, the overall operation remains within a range, with resistance around 120000. The hourly chart shows a rebound trend; the current rebound can be seen as a confirmation of the upper pressure, belonging to the process of multiple peak tests, with a bullish retreat and test of highs expected in the afternoon.

Bitcoin: Buy around 118500-118000 with a short-term target of 120500

Ethereum: Buy around 3760 with a short-term target of 3850