Yueying: July 6-7 Bitcoin and Ethereum Today's Market Analysis - Neckline Not Broken, Double Bottom Turns into Double Top? Attached Short-term Strategy. Let's see today's share!

Big餅 Technical Analysis————
On the daily chart of Bitcoin, after consecutive bullish candles stretched to the 64000 area, a pin bar formed. At the opening of the day, it did not continue but instead a bearish candle retraced downward to test the middle band. The Bollinger Bands are contracting, short-term moving averages are parallel, MACD fast and slow lines are moving upward with red histogram shrinking, KDJ is extending downward, pay attention to support near the 50 level, VR indicator is consolidating near the 100 level. On the 4-hour chart, after the price was rejected near the upper band and formed a pin bar, the intraday candlesticks have fallen for four consecutive bearish candles, currently trading below the lower band. The Bollinger Bands are slightly opening, short-term moving averages are sloping downward, MACD fast and slow lines are moving downward with green histogram expanding, KDJ is turning downward, pay attention to support near the 0 level, VR indicator is consolidating near the 150 level. Overall, after a slow push up of consecutive bullish candles, the start of the week did not see a continuation, but instead a rejection and retracement to test the short-term support near the middle band. The weekly level boundary is near the 7 MA, and the daily level lower boundary is also near the 7 MA and the middle band. This week, to see if the bullish momentum can continue, focus on whether the weekly level boundary is broken or not. For short-term, reference support around 60500 area; if broken, it will retest below 60000. Pay attention to resistance around 63200 area to enter. Whichever side triggers first, trade that side. See short-term suggestions.

Big餅 Short-term Suggestions: Long at 60900, Short at 62800 (Strategy activated, take profits as needed)

Ethereum Technical Analysis————

Ethereum is relatively resilient during the day. Although it follows Bitcoin downward, there is still some distance from the daily middle band. The overall technical trend of the daily and 4-hour charts can be referenced in conjunction with Bitcoin. Watch the resistance around 1820 area below, support continues to reference the daily middle band. See short-term suggestions.

Ethereum Short-term Suggestions: Long at 1690, Short at 1780 (Strategy activated, take profits as needed)

——I am Zhou Yueying, a teacher specializing in technical analysis. If you have any problems with operations or trends, you can communicate and learn with me! Communicate together, profit together! $BTC ‌#现货黄金站上4200