Evening Thoughts and Suggestions for 7.21

Reviewing the morning market, Yun Yue suggested fans to layout long positions, with Bitcoin reaching a high of around 119,600, gaining over 2,000 points. Ether showed over a hundred points, and those who followed along have likely enjoyed a good profit.

Bitcoin has not broken through 120,000 and has since declined to around 118,500 in the afternoon. Currently, from the one-hour chart, a downward trend is becoming apparent, and one may consider laying out short positions. Ether is showing a clear upward trend, so it may be best to wait for a clear signal before making a move.

For Bitcoin, consider shorting around 118,800, targeting 117,500; if it breaks, continue to look downward, with a stop loss set at 119,000.

For Ether, consider shorting around 3,820, targeting 3,780; if it breaks, continue to look downward, with a stop loss set at 3,850.

(The market is constantly changing and is for reference only)