Friday Summary, Bitcoin and Ethereum Market Analysis and Trading Suggestions for Saturday Morning, July 4th


Reviewing Friday's entire session, although the price range was not large, the overall structure maintained a gradual upward bullish trend. Bitcoin steadily rose from its intraday support level, continuously hitting new highs in the rebound during the session, with Bitcoin reaching a high of 62,386. There was only minor sideways consolidation and rest in between, with no deep pullback pressure from bears, and buying support remained very solid. Ethereum moved upward along the ascending channel, hitting a high of 1,753 and then consolidating sideways at a high level, with ample upward momentum.
Zhilan's real-time strategy adhered to the main bullish idea, with Bitcoin harvesting a total of 1,337 points during the day and Ethereum simultaneously capturing 63 points. The core of trading is to follow the trend and hold the correct direction.

Currently, the medium-to-long-term rebound trend of the overall market has fully formed. After a continuous sharp rise, high-level position switching is normal consolidation after a breakout. The bullish structure remains intact, and there is still momentum for further upward expansion. The daily candlestick pattern of consecutive positive closes continues, and the medium-to-long-term bullish rebound channel is fully open, with the bottom reversal structure after the decline completely confirmed. The four-hour Bollinger Bands have shifted from a prior downward trend to upward expansion, with the candlesticks steadily rising above the middle band. After the surge, small bearish candlesticks appear for consolidation, which is a normal pullback after a breakout. On the hourly level, Bitcoin has stabilized around 61,900 and 1,735, with the center of gravity steadily moving upward. The middle band firmly supports, and the candlestick structure for stepwise rise is complete. Each pullback to the middle band leads to another upward breakout. Subsequent operations should still follow the trend with pullback low-longs as the main approach, avoiding blind chasing of highs. Liquidity is weak over the weekend, so trade with light positions and set stop-losses.
Bitcoin: Long near 61,500, target 62,900 → 63,200
Ethereum: Long near 1,710, target 1,780 → 1,800
#gStocks代币化股票上线 $BTC $ETH
BTC1.34%
ETH3.25%
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