7.19 Midday Thought Analysis $BTC $ETH

Investment opportunities and challenges coexist in the cryptocurrency circle, requiring wisdom, patience, and a strong mindset. Please remember that contract trading is more like a marathon than a sprint. Only by maintaining rationality and continuous learning can one achieve long-term survival and ultimately succeed in the cryptocurrency market.

**Midnight and Early Morning Market Review:**

The bearish forces in the market continued the downward trend from the evening and were strongly consolidated. Bitcoin faced pressure and fell back after reaching the 119250 level, with the bears exerting force again to break down, hitting a low of 116788 during the midnight to early morning period. Ethereum also showed weakness, briefly rising slightly before plunging significantly, reaching a low of 3476 during the same period, with a one-sided decline of over 200 points.

**Current Technical Analysis and Outlook (Four-Hour Level):**

After a strong downward probe, the market shows initial signs of a stop in decline. With the increase in volatility, the rebound space has also expanded accordingly. The price is currently operating at a relatively low level and has begun to enter a slow oscillation recovery phase, showing signs of a bottoming rebound.

Overall, the previous decline of the bears was significant, and the market structure exhibited rapid switching characteristics. Combined with pattern analysis, the current market is in a defining phase between rebound and potential reversal. Market rules indicate that there is no market that only declines without rising, nor one that only rises without declining. This round of strong correction and volume process has basically been released in the short term, and the market is likely to enter a rebound correction phase. Considering the characteristics of the Saturday node, intraday operations can revolve around the idea of rebound recovery, attempting to buy low and first observing how the bulls recover lost ground.

**Intraday Operation Suggestions:**

* **Bitcoin:** Consider gradually building long positions in the 117300-117600 range, with a short-term target focusing on the 119500 level.

* **Ethereum:** Consider gradually building long positions in the 3530-3550 range, with a short-term target looking first at the 3650 level.