Yueying: July 7 Bitcoin Ethereum Daily Market Analysis - Consecutive Bullish Rebound, Bottom Reversal? Short-term Strategy Attached. Let's check out today's sharing!

Bitcoin Technical Analysis————
Bitcoin daily chart: The previous K-line broke below the low point, found support at the lower Bollinger Band, and rebounded to close bullish. Today's opening is above the 7-period moving average, strongly rallying to test 62000, which is also the middle Bollinger Band. The Bollinger Bands are slightly contracting, short-term moving averages are trending upward. MACD fast and slow lines are moving up with increasing red histogram volume. KDJ crosses and extends upward; note resistance near the 50 level. VR indicator is consolidating around the 80 level. On the 4-hour chart, the price is oscillating upward above the middle Bollinger Band, breaking through the 60-period moving average with consecutive bullish candles, currently running above the upper Bollinger Band. The Bollinger Bands are opening, short-term moving averages are upward. MACD fast and slow lines are moving up with continuous volume expansion. KDJ is encountering resistance near the 100 level and slightly turning down. VR indicator is consolidating around the 70 level. Overall, after breaking the previous low, the market has rebounded continuously and is now about to test the daily middle Bollinger Band resistance, which is also a key short-term level. If it breaks through, there will be further upward movement; otherwise, it will test the 60000 support area again. Focus on the resistance around 63000 and support around 60000. Short-term operations should be based on support and resistance levels; do not participate if levels are broken. Watch for short-term suggestions.

Bitcoin short-term suggestion: Long at 60800, Short at 62400 (Activate the strategy and take profits on your own)

Ethereum Technical Analysis————

Ethereum's catch-up rally has decent momentum, with consecutive bullish candles breaking through the 1700 level. The overall technical trend on the daily and 4-hour charts can be referenced in sync with Bitcoin. Short-term resistance is around 1780, support above 1600. Watch for short-term suggestions.

Ethereum short-term suggestion: Long at 1630, Short at 1750 (Activate the strategy and take profits on your own)

—— I am Zhou Yueying, a teacher specializing in technical analysis. If you have any issues with operations or trends, you can communicate and learn with me! Let's communicate together, profit together! $BTC ‌#TradFiCFD黄金大师赛