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7.6 Bitcoin & Ethereum Morning Analysis
From last night to this morning, the market bottomed out then surged strongly to create a new high, followed by high-level consolidation. Overall, it shows a phase of consolidation after a sharp rise, with the bullish pattern unchanged, currently in the process of digesting profits.
Pullbacks after sharp rises are healthy rotations, aiming to clear out weak hands to solidify support. As long as key levels are not broken, the trend remains upward. The current strategy is not to chase highs, but to patiently wait for a retest confirmation and look for opportunities to go long on dips.
Trading Suggestions:
Bitcoin: Go long near 63000-63400, stop loss at 62500, targets 64100-64500.
Ethereum: Go long near 1760-1780, stop loss at 1720, targets 1810-1840.
$BTC $ETH #gStocks代币化股票上线 #非农爆冷打压加息预期