7.28 Monday Afternoon Bitcoin and Ethereum Market Analysis and Trading Suggestions Today's morning market Bitcoin rebounded from a low of 118755, reaching a high of 119813, while Ethereum started from a low of 3815, showing a steady step-like upward trend, peaking at 3939. From the current daily chart trend, it is currently operating in a strong area between the middle and upper bands of the Bollinger Bands. The middle band of the Bollinger Bands continues to extend upwards, but it can be observed that the price clearly encounters resistance when reaching the upper pressure level. Currently, the K-line is repeatedly oscillating below this area, and the trading volume is showing a moderate shrinking trend, indicating that the market's willingness to chase higher is temporarily insufficient. The J value in the KDJ indicator has entered the overbought area, indicating a short-term need for technical correction. We anticipate a wave of retracement to enter short positions in the afternoon until evening.

Bitcoin: Short around 119100-119500, short-term target around 118000

Ethereum: Short around 3895-3920, short-term target around 3800#BNB创新高 #ETH重返3800 #巨鲸动向