**Li Ying's Crypto Analysis: Latest BTC and ETH Market Analysis on July 10**

Bitcoin is currently at $62,900. The current K-line pattern is a typical range-bound market with resistance above and support below. The strategy now is to wait for a clear signal — either wait for a breakout and confirmation before chasing, or wait for a pullback and stabilization before entering. During this consolidation period, it's better to watch more and trade less. The moving average price is currently fluctuating near short-term MAs but is constrained by the long-term MA above, indicating an unclear trend and an impending turning point. The MACD adjustment is not yet complete, and bullish momentum has not fully gathered. Price is currently oscillating between the middle and upper Bollinger Bands. If the price cannot effectively hold above the middle band and break through the upper band with volume, then a retest of the lower band for support becomes more likely. Overall, indicators suggest the market is accumulating momentum, waiting for a clear breakout direction.

**Short-term Reference:**

Long entry: 62,200 - 61,700, stop loss: 61,200, target: 63,000 aiming for 64,000

Short entry: 63,500 - 64,000, stop loss: 64,500, target: 62,500 aiming for 62,000

**Ethereum**

Folks, Ethereum is at 1,738 at the time of writing. Looking at the bigger picture, the previous uptrend hasn't completely broken down. It feels more like a high-level consolidation pattern. As long as key support levels are not breached, the bulls still have a chance to fight back. Technically, the moving average system is currently suppressed below the 1,743-1,750 range, indicating short-term bearish dominance. The medium-term trend remains bullish. The MACD indicator shows that the fast and slow lines have formed a death cross above the zero line and are diverging downward. The red histogram bars haven't significantly expanded but still exist, meaning the correction is not over. Price has touched the middle band and is attempting to test the lower band. The bands are showing signs of narrowing, which usually signals an impending trend change and compressed volatility. We need to be alert to the subsequent directional choice.

**Short-term Reference:**

Long entry: 1,720, defense: 1,680, stop loss: 1,650, target: 1,800 aiming for 1,850

Short entry: 1,840, defense: 1,860, stop loss: 1,900, target: 1,780 aiming for 1,730

The above content is exclusively original by Li Ying. Please indicate the source when reprinting! The article has a delay in publishing and review. Market conditions change rapidly. The above suggestions are for reference only; risks are borne by the individual.