$BTC 7.22 Tuesday night Bitcoin and Ethereum latest market real-time analysis and trading suggestions

Wall Street holds its breath: How will Powell respond to pressure from Washington tonight? If the new Federal Reserve leader quickly lowers interest rates in line with Trump's preferences, it may raise inflation expectations and create global spillover effects, putting pressure on the status of U.S. Treasuries and the dollar as the cornerstone of global finance.

Looking back at the afternoon, Bitcoin retraced to a low of 117441 before probing higher again, currently peaking at around 119283. Ethereum's trend has synchronized with Bitcoin, rebounding after a drop to a low of 3616, with prices rising back to around 3715. After taking profits on short positions in the early hours of Tuesday, Bitcoin followed the expected trend to go long, capturing over 3700 points, and going long again in the afternoon for a gain of over 1660 points. Ethereum went long early in the morning and then short, capturing over 220 points, and again went long in the afternoon, gaining another 100 points!

From the current chart perspective, the daily level is still in a recent oscillating upward channel, with the 117000-118000 range being a previously verified support zone. This retracement did not break key support, and the rebound strength is strong, indicating that bulls still have a willingness to support. The hourly MACD indicator has formed a golden cross at a low and is diverging upward, with red energy bars gradually increasing, showing that short-term rebound momentum is continuing; the RSI indicator has risen from the oversold zone to around 55, still having upward space. We need to guard against bearish sentiment; if it breaks below the support level, it may open up further downside space. Tonight's trading advice is to focus on buying on dips.

Tuesday night outlook:

Buy Bitcoin near 118500-118000, aiming for 121000, and continue to look up if it breaks through.

Buy Ethereum near 3670, aiming for 3770.

Don’t be greedy when prices rise; knowing when to take profits is a skill — don’t let "waiting a bit longer" turn into "an empty hand"; securing profits is the only real gain. Don’t panic when prices fall; holding the bottom line is confidence — setting stop losses isn’t a defeat; it is drawing a safety line for your understanding, avoiding the abyss of emotional trading.