$BTC $ETH #RWA热潮 #BNB创新高 #NFT板块领涨 #山寨季來了？ #稳定币监管风暴

Evening Analysis on 7.23

From the hourly Bollinger Bands perspective, a clear downward opening structure is currently evident: the upper band continues to press down, with prices running close to the lower band, continually pushing the lower band downward, indicating a dominant short position in the short term, with a weak trend and strong continuation of the downward trend.

On the four-hour chart, there has been a continuous downward movement, and although there is some support near the middle band, the signs of increased volume have not diminished, and it's only a matter of time before a breakdown occurs. The weakness on the hourly chart is even more intuitive, with continuous downward movement interspersed with sporadic small upward movements, indicating a full release of emotions and a smooth pullback rhythm. Overall, the bears are still in control, and the evening outlook remains predominantly bearish.

Personal Suggestion

Bitcoin: Enter short near 118800, target lower at 117000, 116000; if it breaks down, look for 114000.

Ethereum: Enter short near 3650, target lower at 3600-3550.