7.23 Midnight Trading Thoughts
The market is steadily rising with strong bulls continuously pushing new highs and higher lows, which aligns with a strong bullish sentiment. The pullback is a consolidation rather than a trend reversal, and its impact is minimal, so continue to focus on buying on dips. Use stop-losses and avoid counter-trend positions.
For Bitcoin, buy around 119000-118500, targeting around 121000. A breakout could lead to further gains towards 123000.
For Ether, buy around 3650-3620, targeting around 3730. A breakout could lead to further gains towards 3900.