$BTC 7.27 Sunday early morning Bitcoin Ethereum market analysis and operation suggestions

The peak of the cryptocurrency circle is never crowded, because there are too few people who can withstand fluctuations and endure until the trend appears, and you can definitely become the one who laughs last. Market review of the day: Bitcoin's trend showed a decline followed by a rise. During the early trading session, the price dipped to the key support level of 117175 and stabilized, followed by a strong bullish push that raised the price to the intraday high of 117777. After that, the market entered a consolidation phase, with both bulls and bears engaged in a tug-of-war. As we entered the evening trading session, driven by continued buying pressure, the price broke through the early session high, reaching a maximum resistance level of 118245 before stopping. In contrast, Ethereum showed a rise followed by a fall. Although it briefly surged to a high of 3781 during the early session, subsequent buying momentum was insufficient, and it failed to effectively hold that price level. The price then oscillated downward, reaching a low of 3714 support level. Although the bearish strategy experienced a slight pullback during the day, the overall risk remains controllable.

From the current daily technical trend, after experiencing three consecutive days of bearish candle corrections, the market finally welcomed a rebound during the weekend. This rebound successfully reclaimed some lost ground, and the bearish force clearly entered a consolidation phase without showing significant resistance. Although the bears have temporarily raised the white flag, the overall market still has not effectively broken through the previous consolidation range. Currently, the price is near the key resistance level at the upper edge of the range, and we continue to maintain a strategy of selling high and buying low.

Bitcoin: Short near 118200, short-term target 117000

Ethereum: Short near 3750, short-term target 3650