$ETH Coin circle Liying: Latest BTC and ETH market trend analysis for 7.11

　　
　　Bitcoin’s current price is 64,000, and this pullback looks more like a pit stop on the way up. As long as it doesn’t break below the key support, chances are high it will keep pushing higher afterward. If you’re trading, what you’re looking for is opportunities within the trend. The EMA moving average system is in a bullish configuration; the short-term moving averages are above the long-term moving averages, indicating the medium-term trend is bullish. In the MACD, the DIF crosses above the DEA, the red histogram keeps expanding, and momentum is sufficient—this is a typical bullish signal. The Bollinger Bands price action is running above the midline at 63,325; the upper band at 64,807 forms resistance; the lower band at 61,844 is strong support. The current price is close to the upper band; if it breaks through, it will open up new upside space. If it gets rejected and pulls back, the midline will be an important defensive level.
　　
　　Short-term idea references:
　　
　　Do 63,500-63,000, stop-loss 62,500, target 64,500 with an eye on 65,000
　　
　　Do 64,500-65,000, stop-loss 65,500, target 63,500 with an eye on 63,000
　　
　　Ethereum
　　
　　Family members, before the ETH release, it was 1,790—rising from 1,510 all the way up. Even though it dipped in the middle, overall it’s still moving higher. Right now the price is hovering above several moving averages, which shows the bulls haven’t given up. However, the high at 1,833 is a hurdle—if it can’t break through, it’s easy to turn back. From a technical standpoint, the EMA is showing a bullish alignment, and MACD momentum is still there. After the Bollinger Bands tighten and then start to level off, the midline is around 1,760—this is a very strong defensive level. As long as the price stays above the midline, the overall structure hasn’t been broken; this current pullback looks more like building up for an uptrend continuation
　　
　　Short-term level references:
　　
　　Do 1,750, defense 1,700, stop-loss 1,650, target 1,800 with an eye on 1,850
　　
　　Do 1,840, defense 1,860, stop-loss 1,900, target 1,780 with an eye on 1,730
　　
　　The above content is exclusively original by Liying. If you reproduce it, please cite the source! The article publication review may be delayed; market conditions can change in an instant. The above suggestions are for reference only—risk is your own. ‌$BTC ‌#GateUS合规扩展佛罗里达