Analyst Liang Qiu: 7.22 Bitcoin/Ethereum Perfectly Validated Short Then Long, Continue to Long Tonight

The market for Bitcoin/Ethereum has been quite good overall in the past few days. Yesterday, I went short above 3820, and long at 3700, and the market moved as expected, first dropping then rising over 200 points. Immediately today, I laid out positions at 3710 short and 3620 long again, perfectly validating short then long, maximizing the space. All previous writings are visible. Currently, the market has rebounded somewhat, especially Bitcoin, which has risen quite a bit overall, but the upper resistance at the 120000 level remains significant. It is advisable to go short below the resistance level.

Ethereum has been fluctuating around 3620 to 3720 throughout the day, with the upper resistance at 3750 acting as a cap after a short-term breakdown. It is still possible to enter a short position below the resistance level before a breakthrough. On the four-hour chart, Bitcoin is under pressure at the upper track, while Ethereum rebounded after breaking below the four-hour middle track but did not stabilize and started to decline again. The market will continue to explore lower levels tonight.

Evening trading suggestion: Go short near 119000 to 119500 for Bitcoin, with a target around 117000; for Ethereum, go short near 3680 to 3700, with a target around 3610. The timing of this writing is crucial, please refer to real-time updates. #NFT板块领涨