Xiao Yao kol: Bitcoin and Ethereum Afternoon Market Analysis 7.25
Last night, the strategy was to enter positions at high levels for Bitcoin and Ethereum around 119300 and 3680, respectively. Currently, Bitcoin continues to profit while Ethereum has exited at a loss. The current daily chart for Bitcoin shows a continuous decline in recent coin prices, forming three consecutive bearish candles, and today’s closing price has hit a new low in recent days, indicating a weak market pattern. The 4-hour chart has shown a significant pullback followed by consolidation, with the current candlestick body being relatively small, indicating cautious market sentiment. The MACD histogram remains negative, with the fast and slow lines operating below the zero axis, indicating a dominant bearish momentum. After the MACD death cross on the daily chart, it continues to expand downward, showing a bearish trend. The 4-hour EMA7, EMA30, and EMA120 moving averages are all in bearish alignment, with coin prices situated below all moving averages, indicating obvious short-term pressure. The daily EMA7 and EMA30 are about to form a death cross, further confirming the mid-term downward trend. For today, it is advised to enter positions at high levels.
Operational suggestion: Enter Bitcoin around 116000 to 116500 with a target near 114000; for Ethereum, enter around 3630 to 3660 with a target near 3520. Market conditions are constantly changing, and the article is time-sensitive. Friends entering the market should prioritize real-time guidance at #以太坊交易量反超比特币 .