7.22 Early Morning BTC/ETH Latest Market Update

Currently, BTC has been oscillating within a range, with relatively limited volatility. It is noteworthy that the highs are gradually moving upwards, presenting an overall bullish trend. Although there have been downward corrections during this period, they have all been effectively recovered. In the short term, trading can be carried out around the upper and lower bounds of the range at 117500-119300, employing a high-sell low-buy strategy.

From the four-hour chart, the Bollinger Bands are narrowing, and the price is maintaining its range. It is currently oscillating near the upper band. The KDJ indicator is slowly forming a golden cross upwards, while the MACD is in a contracting state. Overall, there has not yet been a clear breakout signal, so the main strategy remains high-sell low-buy.

BTC: 1170-1175, looking at 1190-1200 range

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ETH: 3730-3760, looking at 3880-3930 range