Yueying: July 10 Bitcoin & Ethereum Today Market Analysis—Will Effective Longs Reignite Hope? Plus Short-Term Strategy. Stay tuned for today’s share!

Big Cake Technical Analysis————
On the daily chart, Big Cake sees the previous K line getting support around the mid-band; it closes bullish, and during the day the market opens and continues a slow rise, stretching to break through the 64,000 area. The Bollinger Bands are parallel, and the short-term moving averages are trending upward. MACD fast and slow lines extend upward, with red histogram bars expanding in volume. KDJ turns upward again—pay attention to resistance around the 100 level. The VR indicator is consolidating around the 110 value. On the four-hour chart, the price keeps making consecutive bullish moves and rises again to approach the previous high area; currently it is running near the upper band. The Bollinger Bands open upward and the short-term moving averages keep rising. MACD fast and slow lines extend upward, and red histogram bars expand. KDJ is blocked around the 100 level and turns downward; the VR indicator is consolidating around the 140 value. Overall, the market receives support and is again testing the previous high area. Support below is effective, giving longs a chance to reignite hope. However, as long as the 65,000 short-term boundary is not broken, it will still fall; if it goes the other way, it will test the neckline around 67,000. For short-term, focus on support around 63,000 for now—if it doesn’t break, keep looking upward. Resistance is around 65,000 below; if it breaks through, then wait for the 66,800 area. Watch for the short-term setup;

Big Cake Short-Term Recommendation: Go long at 63,500, short at 64,800 (when the strategy is activated and you have profit, adjust as you see fit).

Ether Technical Analysis————

Ethereum’s intraday price action has limited fluctuation; it stays within a small range and oscillates, without breaking above or below. The daily and four-hour technical outlook is synchronized with the Big Cake—reference the Big Cake analysis. For short-term, resistance to watch is around the 1,850 area; support to watch is around the 1,700 area. If there is a breakdown, then consider adjustment. Here are the short-term recommendations.

Ethereum Short-Term Recommendation: Go long at 1,730, short at 1,820 (when the strategy is activated and you have profit, adjust as you see fit).

——I’m Zhou Yueying, a teacher focused on technical analysis. If you have any questions about executing trades or trends, feel free to communicate and learn with me! Let’s exchange, and earn together! #美伊战争阴云再起 $BTC ‌