Morning of 7.23 Bitcoin and Ethereum Analysis
Bitcoin continues to rise in a stepwise manner, with each pullback being controllable and quickly recovered, showing no signs of a trend weakening, indicative of a typical strong bullish structure, where buying pressure remains dominant. Overall, it is still in a stable upward channel for bulls.
Ethereum is still oscillating in the short term but has not diverged from Bitcoin's trajectory, with good support at the bottom, a solid structure, and still has potential to follow upward.
Operation Suggestions:
Bitcoin: Buy within the range of 119500-118800, targeting 121000
Ethereum: Buy within the range of 3650-3680, targeting 3850
