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7.7 Midday Views on BTC and ETH
BTC 4-hour chart: In the previous session, it surged to 64691, faced resistance and fell back, retraced to 61297 and then recovered lost ground. The range has been repeatedly seesawing, with intensified long-short struggle.
Technical indicator Bollinger Bands: The price is firmly above the middle band, the channel is opening upward, the short-term bullish pattern is not broken, and the support below is effective.
Trading Suggestions:
BTC: Go long at 62800-63300, target 64300-65100
ETH: Go long at 1750-1760, target 1800-1850
(Personal views for reference only, subject to actual market conditions)
#BTC #ETH