7.5 Bitcoin and Ethereum Midday Market Analysis

From a comprehensive technical indicator analysis, the MACD fast and slow lines converge above the zero axis, and the red momentum bars continue to narrow, indicating a signal of waning strength; the RSI has retreated from the overbought zone to the midline of 50, showing a cooling of buying enthusiasm. Additionally, the Bollinger Bands indicate that the price is approaching the daily middle band, signaling a phase of market adjustment. Overall, it is judged that the short-term leading pattern has not changed, and the outlook remains unchanged.

Operation Suggestion:

Bitcoin can be traded in the range of 108500-109000, watch near 107000.

Ethereum can be traded in the range of 2530-2550, watch near 2420. #BTC走势分析 $BTC $ETH