$BTC Liying in the crypto circle: Latest BTC and ETH market analysis for 7.14

　　
　　Bitcoin’s current price is 62,600, and it has been drifting lower all the way. This level is especially awkward right now—it’s exactly caught in the tangle of several moving averages. The bulls want to stage a rebound, but heavy resistance sits overhead; the bears want to smash the market down, but it seems there’s support below. This kind of choppy range with a cap on top and a floor underneath is the most grinding. Looking at the technical indicators and the moving-average system: EMA7 has crossed below EMA30, forming a short-term death cross that exerts downward pressure. The price is currently trading below EMA7, indicating short-term bearish dominance. The MACD histogram downward momentum hasn’t fully released yet. Price has already touched the mid-band at 64,762 and fallen below it. It is now trying to find support between the mid and lower bands. There are signs that the channel is narrowing, suggesting a turning point is near; volatility is decreasing as the market builds up for direction selection.
　　
　　Short-term trading ideas (reference):
　　
　　Go long at 62,000–61,500, stop loss 61,000, target 62,500, aiming for 63,500
　　
　　Go short at 63,500–64,000, stop loss 64,500, target 63,000, aiming for 62,500
　　
　　Ethereum
　　
　　Family members, Ethereum is at 1,775 before the time of this article’s release. The current candlestick structure has formed a higher-level consolidation pattern. Although the big picture is still upward, the pressure from a near-term pullback is not small. The current sideways movement is digesting the prior profit-taking. As long as the key support level isn’t broken, the larger trend hasn’t turned bad. The moving-average system shows a typical repair phase after a bullish alignment. The MACD indicators DIF and DEA are still in negative territory, implying bearish strength still has the upper hand for now and the correction is not over yet. The Bollinger Bands opening has begun to narrow; price is running below the mid-band at 1,798. Lower-band support is around 1,768. This suggests volatility is declining and a turning-point node is approaching—be alert to the risk of testing the lower band to the downside.
　　
　　Short-term key levels (reference):
　　
　　Go long at 1,760, defend 1,730, stop loss 1,700, target 1,830, aiming for 1,880
　　
　　Go short at 1,850, defend 1,880, stop loss 1,910, target 1,800, aiming for 1,750
　　
　　The above content is exclusively原创 by Liying. Please注明出处 when reposting! There is a publication review delay; the market changes in an instant. The above suggestions are for reference only—risk is your own to bear. ‌#沃什听证会撞上CPI $ETH ‌