Today's trend is also a wide box structure, with clear resistance above and support below;
The bulls and bears are continuously tugging at each other, and currently, the daily level is also showing a high position inverted shape, with the overall trend still being a consolidation after a rise and pullback;
The hourly level trend is also continuously contracting, and the second round is about to choose a direction again;
Personal trading advice: If it rebounds to above 2530---2560, continue to short, with a target of breaking below 3400 to look for 3280! #币安HODLer空投C
The big cake broke the previous high yesterday and then began to decline, closing with a long upper shadow on the daily chart and showing a downward trend today;
Currently, there is some rebound, but the rebound is not a reversal, and we will focus on short positions going forward!
Big Cake Recommendation: Short around 118500-119400, target: look for 116000; if it breaks below, look for 113800!
From a technical analysis perspective, Ethereum currently has many bullish signals, indicating that its price is expected to continue rising in the short term, and it also has further upward potential in the medium to long term.
Ethereum Recommendation: Buy at 3380-3410, targeting the 3500 level.
Analysis of Bitcoin Strategy on the Early Morning of July 18
The upward trend remains intact. The 4-hour MACD histogram has turned positive, indicating bullish momentum.
However, the KDJ indicator shows some fluctuations at a high level, and we need to pay attention to whether a death cross will form, triggering a short-term adjustment.
Bitcoin Recommendation: Buy between 118000-1185000 Target: 121000 level #币安HODLer空投ERA
From the 4-hour chart perspective, SOL currently shows the following technical characteristics: the Bollinger Bands are narrowing, indicating that the price is in a consolidation phase.
Short-term volatility may be limited; although a bullish candle has formed, it shows weakness, coupled with a weakening MACD momentum, indicating insufficient upward strength; the RSI indicator is approaching the oversold zone, and short-term pullback pressure is gradually emerging.
It is recommended to set short positions in the range of 178-180. Target: the short-term target is around 160, and the long-term target is around 150.
7.17 Analysis: Ether is building strength, waiting for a strong breakout, potentially pushing up to the 3468 high, and then urgently cooling down to around 3310 for energy accumulation.
Operation Suggestion: Position long orders around 3380-3400 Target: 3500-3550
The multi at Ether layout 3250 accurately captured a 150-point space to reach the high of 3400.
Parachute benefits, steady means slow running to accumulate gains, aggressive means daring to take big prizes! Seeing the opportunity but not entering the market is ultimately in vain; truly putting the benefits in your pocket That's real skill!
Recently, ETH trading volume has increased, and the price has risen in sync with the trading volume, which usually indicates high trading activity and that upward momentum is still accumulating.
Ethereum Recommendation: Buy in the range of 3250-3220, with a target near 3400-3350. #币安HODLer空投ERA
From the 4-hour chart of Bitcoin, the price is steadily climbing along the upper Bollinger Band. In the MACD indicator, the DIF line and DEA line have crossed above the zero axis and are continuing to diverge, with the red energy bars continuously increasing.
Although the RSI indicator is at a high level, there is no obvious overbought divergence, and the volume during the rise is well-coordinated, indicating that the bulls are in control and that the upward trend is likely to continue.
Bitcoin Suggestion: Buy between 118200-119000 Target: Look for around 120000-121000