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7.8 Evening Analysis of Fangli:
The afternoon short position was perfectly realized, with the market continuing to weaken to a low of 61,700. As mentioned at noon, after breaking 62,200, the downward move continued. From the 1-hour chart, it fell below the middle Bollinger Band and broke the previous low. Currently, it is oscillating with a slight upward pullback. However, after the daytime decline, a rebound is inevitable, so tonight we continue to look for long entries at the bottom.
BTC: Enter long in batches at 61,400-61,900, target 62,500-63,000.
ETH: Enter long in batches at 1,710-1,740, target 1,770-1,800.
$BTC $ETH