Morning Market Analysis for Tuesday, July 22

Bitcoin rebounded after failing to find a bottom in the early hours, currently facing resistance at the pullback level, with clear signals to short on the correction.

From the 1-hour timeframe, Bitcoin broke below the lower boundary and started to rise, facing resistance before reaching the middle boundary, with bearish momentum prevailing.

Trading Suggestions:

- Bitcoin: Short in the range of 118000-118500, targeting around 1165 and 1150

- Ethereum (ETH): Short in the range of 3820-3860, targeting around 3720 and 3650