7.11 Saturday afternoon Bitcoin and Ethereum market analysis and trading suggestions

Looking back from early this morning to now, the overall market has maintained a narrow rangebox consolidation. The overall volatility is small. The suppression force from the historical highs above remains persistent. Although there have been multiple attempts to push higher, an effective breakout still hasn’t been achieved. During the pullback, however, the lower support has been able to absorb price and no deep sell-off/crash has occurred. Both sides repeatedly battle within a fixed range.

The longs order pre-positioned in yesterday’s real setup was able to successfully stop the loss and close profits, with BTC taking 968 points and ETH also taking 35 points. Taking advantage of this early-morning pullback, the short positions have already been successfully covered; don’t overstay—still look for fresh opportunities afterward to trade with the trend again.

From the current market structure, it is in a “building momentum before the attack” state. Although there was a pullback after attempting to test the prior high and the pressure caused a decline, the uptrend line was broken, but it was broken sideways (horizontal), not a deep correction. There is no further continuation of the down move. Instead, it is moving into range-bound consolidation, which is an invalid breakdown—an upside rebound may unfold at any time.

On the 4-hour level: the Bollinger Bands are slowly opening upward. The K-line steadily lifts by leaning on the middle band. With small bullish candles alternating, price is trending upward in a震荡 pattern. Each pullback is shrinking in magnitude. The bullish strength is gradually accumulating. After the buildup, it still has upward momentum.

On the 1-hour level: every time the price retraces to the middle band, it prints a stop-the-fall bullish candle. The lower band rises in parallel, forming a staircase-like support. Multiple touches of the upper band lead only to short-term washing, and as long as the 63,400 support is not effectively broken, there will be no deep correction. After the buildup, it is still likely to challenge the prior high for a decisive break.

For execution: go long first, then short. After reaching the upper strong resistance zone, set up shorts in batches targeting the pullback. Adjust flexibly and control position risk.

BTC: long around 64,000–63,600; targets 64,700→65,600
ETH: long around 1,777; targets 1,850→1,885
#预测世界杯西班牙VS比利时 $BTC ‌$ETH ‌