Xiaoyao KOL: Bitcoin and Ethereum Afternoon Market Analysis 7.23

The current daily chart for Bitcoin shows that the recent price fluctuates between 118,000 and 120,000. On July 22, a long upper shadow bullish candlestick was formed, indicating significant selling pressure above. The 4-hour chart exhibits multiple alternating candlestick patterns with upper and lower shadows, suggesting that the market's short-term direction is unclear but generally leans towards high-level consolidation. Both DIF and DEA are positive, but the histogram is gradually shrinking, indicating weakening momentum. The daily DIF has crossed below the DEA, showing signs of a death cross, with bearish forces strengthening. The current price is close to EMA7, slightly above EMA30, but far from EMA120. In the short term, it remains in a strong zone, but caution is needed for the risk of accelerated decline if it breaks below EMA7. Intraday, it is recommended to enter at high positions.

Operational Suggestion: Enter Bitcoin around 119,200 to 119,800, targeting around 117,500. For Ethereum, enter around 3,720 to 3,750, with a target near 3,620. Market conditions are constantly changing; this article is time-sensitive. Friends entering the market should focus on real-time guidance #稳定币监管风暴 $BTC .