7.7 Bitcoin and Ethereum Evening Market Analysis

Current market sentiment shows a contracting bearish candle on the daily chart, with the momentum slightly weakening. The key resistance level above is around 111200, while the support below is at 106400. On the 4-hour chart, momentum is under pressure and showing a two consecutive bearish candle pattern, targeting 109600 above, with support levels at 108300 and 107300 below. The hourly chart indicates a significant increase in momentum, with a downtrend pattern beginning to emerge, locking in the range of 108400 - 109400. Investors need to closely monitor the breakthrough of key levels.

Trading Suggestions:

For Bitcoin, watch around 109200-109700, aiming for 108000-107500.

For Ethereum, watch around 2590-2620, aiming for 2550-2525. #BTC走势分析 $BTC $ETH