Good afternoon, BTC.ETH. Today's market analysis
BTC: Yesterday morning during the Asian session, BTC broke through the historical high of 124545 and began to slowly retreat. Currently, we can open the 1-hour K-line chart to see that after yesterday's peak, it fell back to around 123000 and attempted to rally to 124000 three times but still could not stabilize above 124. This shows that the bulls are weak in pushing upwards. At the critical position around 123400, we directly give a sell position looking at 119000. In the evening live broadcast, we still suggest a short position at the current price, which fell to around 11700 at the lowest.
ETH: Recently, everyone has seen ETH, all altcoins are rising, and this leading altcoin is also eager to reach 4800. The highest ETH reached 4794 but could not break through 4800 due to the pressure from above. Support levels are 4580, 4510. Resistance levels are 4650, 4695.
BTC trading suggestion: Buy at 1182-1184, with a stop loss of 800 points, target 119600, looking to break through to 120600.
ETH trading suggestion: Buy at 4580-4590, with a stop loss of 40 points, target 4660, looking to break through to 4720.
Let's observe first. If you find this useful, please like and follow. I am Baishi and never engage in ambiguous trades; only current price orders are the easiest. $BTC $ETH #美国7月PPI年率高于预期
BTC: Yesterday morning during the Asian session, BTC broke through the historical high of 124545 and began to slowly retreat. Currently, we can open the 1-hour K-line chart to see that after yesterday's peak, it fell back to around 123000 and attempted to rally to 124000 three times but still could not stabilize above 124. This shows that the bulls are weak in pushing upwards. At the critical position around 123400, we directly give a sell position looking at 119000. In the evening live broadcast, we still suggest a short position at the current price, which fell to around 11700 at the lowest.
ETH: Recently, everyone has seen ETH, all altcoins are rising, and this leading altcoin is also eager to reach 4800. The highest ETH reached 4794 but could not break through 4800 due to the pressure from above. Support levels are 4580, 4510. Resistance levels are 4650, 4695.
BTC trading suggestion: Buy at 1182-1184, with a stop loss of 800 points, target 119600, looking to break through to 120600.
ETH trading suggestion: Buy at 4580-4590, with a stop loss of 40 points, target 4660, looking to break through to 4720.
Let's observe first. If you find this useful, please like and follow. I am Baishi and never engage in ambiguous trades; only current price orders are the easiest. $BTC $ETH #美国7月PPI年率高于预期
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
113,217.23
-3.20%
ETH
4,139.86
-5.48%
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