7.21 Tuesday Morning Market Analysis and Operations

From the daily chart's technical patterns, consecutive bearish candles, combined with significant upper shadow characteristics, suggest heavy selling pressure above. Near the key resistance level, there have been multiple occurrences of long upper shadow formations following spikes, indicating tentative bullish attempts, while bears are resolutely suppressing prices at relatively high levels. The short-term adjustment pressure has not been fully released, and a potential inertia-driven downward trend may occur, with a pullback expected in the morning.

Bitcoin: Short sell around 117500-118000 with a target of

116000

Ether: Short sell around 3780-3800 with a target of 3700#加密立法新纪元