7.4 Bitcoin & Ethereum Morning Analysis|Luo Yi's Strategy


Overall Trend
The morning session enters a consolidation and rest period, with short-term positions arranged based on lower support, aiming to capture the repair of the upward trend.
Market Review
Overnight, the market surged, faced resistance, then pulled back. After a round of digestion and washout, the low-level support for both coins held firmly. Short-side selling pressure gradually weakened, and market sentiment in the morning stabilized, with the overall rebound structure remaining intact.
Market Analysis
After digesting last night's volatility, the morning session saw increased caution among market participants, narrowing price fluctuations. There is clear resistance at higher levels in the short term. Avoid blindly chasing highs; it is more cost-effective to wait for prices to retrace to the support zone before positioning.
Operation Suggestions
Bitcoin Long Order
Entry Range: 61900–62300
Stop Loss: 61500
First Target: 62600-63000
Second Target: 63500
Ethereum Long Order
Entry Range: 1735–1750
Stop Loss: 1700
First Target: 1765-1790
Second Target: 1800
$BTC $ETH $XRP
BTC-0.02%
ETH0.14%
XRP0.47%
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