7.5 Bitcoin and Ethereum Evening Market Analysis

Recently, the daily chart has shown wide fluctuations, with intense tug-of-war. Both resistance and support levels have not been effectively broken, indicating a non-trending market characteristic. Currently, the short-term return momentum is weakening, and the cryptocurrency price is blocked at the upper band of the daily Bollinger Bands. In light of this, it is not advisable to chase the price upward in the short term. Considering the weekend factors, the operational strategy for the future market suggests focusing on high volatility for Bitcoin and supporting with low volatility for Ethereum, while cautiously managing risks.

Operational Suggestions:

Trade Bitcoin around 108500 - 109000, targeting 107200 - 106000.

Trade Ethereum around 2530-2560, aiming lower at 2470-2430. #BTC走势分析 $BTC $ETH