7.21 Monday Zhiming Evening Analysis and Suggestions
Looking back, Bitcoin surged to a peak of 119700, and Ethereum successfully touched above 3800 before retreating. The struggle between bulls and bears determines the outcome! Each pullback breeds a rise, and each rise comes with a pullback. The key is to accurately grasp the price levels and entry timing. In the morning, Zhiming suggested entering at 1400 with a profit.
Looking at the market, the current trend is showing a volatile upward movement, with strong momentum and limited space for pullbacks, followed by a direct surge to create new highs. The support level is continuously moving up. After the rise, it enters consolidation but has not quickly retreated, indicating that the upward trend remains fundamentally unaffected. On the hourly chart, the candlestick patterns are gradually gaining strength, and bullish momentum continues to strengthen. In the afternoon, the overall strategy remains unchanged; a pullback presents a good opportunity to buy. Future focus should be on the continuity of the bulls, and operations should be flexible; short opportunities can be captured when facing pressure at high levels.
Zhiming's Suggestions
Bitcoin around 118300-117800, watch for 119500-120000
Ethereum around 3750-3720, watch for 3800-3830
#加密立法新纪元
Looking back, Bitcoin surged to a peak of 119700, and Ethereum successfully touched above 3800 before retreating. The struggle between bulls and bears determines the outcome! Each pullback breeds a rise, and each rise comes with a pullback. The key is to accurately grasp the price levels and entry timing. In the morning, Zhiming suggested entering at 1400 with a profit.
Looking at the market, the current trend is showing a volatile upward movement, with strong momentum and limited space for pullbacks, followed by a direct surge to create new highs. The support level is continuously moving up. After the rise, it enters consolidation but has not quickly retreated, indicating that the upward trend remains fundamentally unaffected. On the hourly chart, the candlestick patterns are gradually gaining strength, and bullish momentum continues to strengthen. In the afternoon, the overall strategy remains unchanged; a pullback presents a good opportunity to buy. Future focus should be on the continuity of the bulls, and operations should be flexible; short opportunities can be captured when facing pressure at high levels.
Zhiming's Suggestions
Bitcoin around 118300-117800, watch for 119500-120000
Ethereum around 3750-3720, watch for 3800-3830
#加密立法新纪元
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BTC
118,619.69
-0.48%
ETH
3,677.98
-0.56%