7.1 Tuesday Evening Bitcoin and Ethereum Latest Market Analysis and Trading Suggestions:
You thought you were buying the dip, but it was actually the dealer's trap! After liquidation, the market takes off? Congratulations, you have become human fuel. When you start to comfort yourself with a Zen-like holding mentality, your wallet has already entered a vegetative state. Why can others succeed while you cannot? Looking back at the afternoon, Bitcoin dropped from the high point of 107149 to a low of 106264, and is currently in a correction phase. Ethereum, following Bitcoin, oscillated downwards after touching 2478 points and reached a low of 2444.
In the afternoon, Qianyu provided a short selling strategy and helped students enter short positions on Bitcoin, gaining over 700 points.
From the current market perspective, the lower Bollinger Band on the four-hour chart is at 106300, and the MACD histogram green bars are shortening. The hourly RSI is at 34 with a new price low forming a bottom divergence, while the MACD green bars are shrinking and the DIFF line is flattening, indicating a decrease in bearish momentum. For evening trading, Qianyu suggests a low long strategy, and if the rebound fails, consider changing the strategy.
Tuesday Evening Strategy:
Buy Bitcoin near 106000, target 107500.
Buy Ethereum near 2420, target 2500.
