7.10 Morning Analysis
From the perspective of the market, in a strong environment, the energy has been released, and it is obviously not suitable to chase after it anymore to avoid getting caught at the peak.
On the daily level, a double top has formed with the recent highs, and the overbought phenomenon is significant on the 4-hour level, so we will treat it with caution today.
Bitcoin around 111500 is cautious, looking down to around 109000.
Ethereum around 2778 is cautious, looking down to around 2730.
