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

Wall Street holds its breath: How will Powell respond to Washington's pressure tonight? If the new Federal Reserve leader rapidly cuts interest rates as preferred by Trump, it may push up inflation expectations and create global spillover effects, putting pressure on the status of U.S. Treasuries and the dollar as the cornerstone of the global financial system.

Looking back at the afternoon, Bitcoin rebounded after falling to a low of 117,441, once again reaching a high of around 119,283. Ethereum's trend synchronized with Bitcoin, stopping the decline after falling to a low of 3,616 and subsequently rising to near the 3,715 high. After taking profits on short positions early Tuesday morning, Bitcoin followed the expected trend to go long, gaining over 3,700 points, and went long again in the afternoon for over 1,660 points. Ethereum entered long positions in the morning and then shorted, gaining over 220 points, and entered long again in the afternoon for another 100 points!

From the current market perspective, the daily level remains in a recent oscillating upward channel, with the 117,000-118,000 range being a previously validated support zone. This pullback did not break the key support, and the rebound strength is strong, indicating a willingness to buy. The hourly MACD indicator formed a golden cross at a low level and is diverging upwards, 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 room for upward movement. Caution is needed for bearish sentiment; if it breaks the support level, it could open up further downside space. Tonight, Qianyu suggests focusing on low long positions on pullbacks.

Tuesday evening thoughts:

Buy Bitcoin near 118,500-118,000, targeting 121,000, and continue to watch for breakthroughs.

Buy Ethereum near 3,670, targeting 3,770.

Don’t be greedy when the price rises, and knowing when to take profit is a skill—don’t let “waiting a bit longer” turn into “an empty hand”; securing profits is what truly belongs to you. Don’t panic when the price drops; holding the bottom line is your confidence—setting a stop loss is not giving up, but drawing a safety line for your understanding to avoid the abyss of emotions.