Coin circle Liying: Latest BTC and ETH market analysis for 7/13

　　
　　Bitcoin’s current price is 64,140. The current chart looks like it’s building up energy—either it will continue to break upward, or it will pull back to find support. The moving averages EMA7 and EMA30 are almost stuck together, and the price is holding steadily above EMA120, which suggests the long- and medium-term trend remains positive, but in the short term it’s caught in a direction-selection phase. The MACD histogram’s DIF and DEA lines are both diverging downward, indicating upward momentum is fading and a pullback is needed. The price is trading near the mid-Bollinger band 64,102, with the upper band resistance at 64,381 and lower band support at 63,822. The opening is starting to narrow, meaning a breakout/reversal is imminent; volatility is decreasing, and big moves often form after this kind of tight-range consolidation.
　　
　　Short-term trade ideas as reference:
　　
　　Go long 63,500-63,000, stop loss 62,500, target 64,500 with an eye on 65,000
　　
　　Go short 65,000-65,500, stop loss 66,000, target 64,000 with an eye on 63,500
　　
　　Ethereum
　　
　　Family, before this ETH news release, at 1,822— from the low at 1,510—that is the anchor of this round of market. From there, it has been moving up step by step. It looks a bit hesitant in the middle, but the big direction hasn’t gone wrong. Although there may be gear shifts and slowing down midway, or even a slight slip downhill, as long as it doesn’t go out, it’s still heading toward the summit. The moving average system—EMA7, EMA30, and EMA120—shows a perfect upward divergence pattern, and the long- and medium-term trend still looks good. The MACD indicator is more like a healthy pullback during an uptrend, not a trend reversal. Price is currently trading above the mid-Bollinger band at 1,806, and the upper band around 1,828 is forming short-term resistance. As long as price can hold above the mid-Bollinger band and doesn’t break, it means the bulls still control the situation; the current sideways consolidation is just waiting for a new direction after the Bollinger Bands tighten and then reopen.
　　
　　Short-term level references:
　　
　　Go long 1,790, defense 1,750, stop loss 1,700, target 1,830 with an eye on 1,880
　　
　　Go short 1,850, defense 1,880, stop loss 1,910, target 1,800 with an eye on 1,750
　　
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