Saturday, July 19 BTC/ETH Evening Analysis

Yesterday, amidst intense competition, the overall market saw the big coin stop at a low point near 116800 after a decline in the morning, followed by a recovery in the afternoon peaking at 118450. The big coin rebounded again, recovering its losses. The secondary coin showed a retracement and then a rise during the day, having touched a low of 3476 in the morning and then undergoing a consolidating adjustment, currently recovering to around 3608. In the morning, the big coin and the secondary coin respectively gained 1200 points and 100 points.
From the current market perspective, both BTC and ETH daily charts have completed their pullbacks, confirming short-term lows and forming a healthy rebound trend. After stabilizing around the middle track, BTC first posted two consecutive bullish candles, followed by a slight adjustment with a doji candle. ETH also regained its position above the middle track with a three consecutive bullish candles. Overall, the market has formed a breakout in a small cycle, showing a temporarily strong bias in the short term, with the rebound officially entering a strong continuation pattern.
Big pancake: around 117800-118000.
Target: around 119000
Two cakes: around 3520-3540.
Target: around 3620