7.21 Evening Bitcoin Auntie Market Analysis

Accurate prediction, winning with long positions again! The afternoon market perfectly fulfilled the bullish perspective emphasized by Lao Tian throughout the day: Bitcoin surged to 119700, and Ethereum successfully touched above 3800 before retreating. In the tug of war between bulls and bears, results determine the heroes! Every pullback nurtures a rise, and every rise is accompanied by a pullback. The key lies in accurately grasping the levels and timing of entry. In the afternoon, we advised to go long in line with the trend, paying attention to the stabilization at 118800, and successfully exiting near 119300.

Currently, the market shows a fluctuating upward trend, with strong momentum and limited pullback space, directly surging to new highs. The support level continues to rise. After reaching a high, it enters consolidation but does not quickly pull back, indicating that the upward trend is not significantly affected. From the hourly perspective, the candlestick pattern is gradually gaining strength, and bullish momentum continues to strengthen. The overall strategy in the afternoon remains unchanged; a pullback is a good opportunity to enter long. Subsequently, attention must be paid to the continuity of the bulls, and operations should be flexibly adjusted; when facing pressure during a rise, short opportunities can be captured again.

Bitcoin around 117900 - 117400, target: 119800-120300.

Ethereum in the range of 3730 - 3760, target: 3835-3875. #eth