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7/19 Bitcoin Ethereum Evening Analysis and Operation Ideas

Judging from the daily general trend, the crocodile line is about to lower its jaw, and a wave of short energy is about to be released. If you look carefully at Figure 1, you will see that there have been 6 waves of rising and falling midline opportunities so far this year. Now is the sixth wave of opportunities. We only need to wait for the red line of the trend line to wrap up with the white line!

From the hourly trend, we can see that it has been falling since it reached the 31850 line on July 14. It is not difficult to see that the lows are getting lower and lower, and the highs are getting lower and lower. Today, even the Fibonacci 23.6% position is Didn't stand up.

Looking at the 4-hour technical indicators, the William indicator has shown a peaking signal, and the RSI has exited the double dead cross. This shows that this wave of decline should reach the lower support of 29150, and the midline general direction is 28300.

Personal ideas are for reference only, the market is unpredictable, everything is based on one person's actual guidance!