Amy's Morning Thoughts on July 24:

The 4-hour chart shows that the candlestick is floating with elongated lower shadows. After the bulls' failed attempt yesterday, there has been a decrease in volume as it retraces, indicating that the bulls are gathering strength. Overall, the outlook is bullish, but the buy signal is currently weak and may wait until Friday's surge.

In the 1-hour and other short-term charts, the candlestick shows elongated lower shadows rising, the MACD has a golden cross above water, and the RSI and KDJ have issued strong buy signals, indicating a direct bullish outlook in the short term; after a surge, a short position may be taken, expecting a pullback.

Operating Suggestions:

• Bitcoin: Buy on pullback around 116850-117750, target 119550$BTC

• Ethereum: Buy on pullback around 3545-3600, target 3710$ETH