7.2 Evening Analysis


BTC 4-hour period RSI14 current value 54.99, in the neutral zone, the indicator has steadily risen from the low, buying momentum continues to recover, not yet touching the overbought zone.
On the moving average side, EMA7 crosses upward through EMA30 forming a short-term golden cross, both moving averages are turning up simultaneously, the current price is running stably above both moving averages, short-term bullish pattern emerges; EMA120 still provides medium to long-term resistance.

BTC: Firmly hold the 60200–60700 range and look for longs, upside target 63000–64000
ETH: Stabilize in the 1600–1640 range and follow up with long orders, target 1750–1860#BTC
BTC0.80%
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BugBountyBuddy
· 07-02 10:43
The 1600–1640 trading range is holding steady, the 1750 target is conservative, and the outlook is for 1860.
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PlayfulAndCheerfulSunflower
· 07-02 10:17
RSI at 54.99 is still in the neutral zone, just formed a golden cross, and I feel this bounce could reach 63000, but the EMA120 is pressing down, so remain cautious in the medium to long term.
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