In recent days, the bears have dominated, and last night the price fell to the support level of 112033 and stabilized. Ethereum rebounded to the resistance level of 4274 before falling back, with a low of 4205. The bearish strategy for the evening has been validated.

On Friday morning, Bitcoin and Ethereum rebounded after hitting lows. The daily trend has not changed, and after multiple dips, there is a high probability of breaking out; in the short cycle, there was a dip followed by consecutive bullish candles. Combining this week's trend of 'strong European market, weak American market', the hour-line moving averages are chaotic and need short-term correction.

Trading suggestion: In the European market, take a short-term long position first, observe the strength of the rebound to determine short positions, and maintain the 'long first, short later' strategy on Friday. In the afternoon, Bitcoin can be bought at an opportune moment, with a target of 113500-114000 to exit; Ethereum synchronously, with a target of 4320-4360 to exit, and after exiting, layout short positions based on the market's strength and weakness. #美联储7月会议纪要