7.4 Full Day

Last night, I already clearly predicted that after Bitcoin completed its bottom-testing and washout pattern, it would break through the upper Bollinger Band with volume, initiating a surge to refresh highs. The overall trend fully matched my prediction, with the price surging to a high of 62,957, currently stably operating above the 62,556 level.

From the hourly chart technical perspective, the Bollinger Bands continue to open upward, the bullish structure is fully established, and the upward momentum is continuously strengthening. After this round of price pullback tested the key support level of 61,948, it quickly stabilized and rebounded, fully demonstrating the solidity of the underlying support. At present, market incremental volume continues to flow into the market, and the narrow-range consolidation at highs is merely a short-term profit-taking position adjustment, a normal repair during an upward trend, with the overall bullish upward trend unchanged.

Suggestion
Bitcoin: Long at 62,000-61,500, target 63,500-64,200
Ethereum: Long at 1,720-1,735, target 1,790-1,820.
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