7.14, Monday, Analysis of Bitcoin and Ethereum Evening Strategy!

The short position mentioned at noon is still in hand, Bitcoin is still quite impressive, but Ethereum's strength is lacking. In the evening, we will continue to look downward!

From a technical structure perspective, on the four-hour level, the running channel continues to narrow downwards, with prices oscillating weakly and continuing to decline without forming a significant rebound. The volume shows a weak bullish pattern, and the moving averages consistently trend downwards, indicating a state where the short position still dominates in the small cycle.

On the daily level, the running channel maintains a downward continuation state, with prices undergoing weak consolidation. In the middle to upper range, after the plunge, there was no effective rebound. The bearish volume continues to decrease, and the moving averages have not seen significant upward alignment. Personally, I still favor a short strategy this week, and whether the market can rebound and recover will need to be followed up after finding support.

Personal trading suggestion for Bitcoin: short around 122500, target at 121500-120500.

Personal trading suggestion for Ethereum: short around 3080, target at 3030-3000. #BTC突破12万大关 #美国加密周 #BTC再创新高 #MichaelSaylor暗示增持BTC #MichaelSaylor暗示增持BTC $BTC $ETH