7.14 BTC/ETH midday thoughts



BTC: The intraday high is 62,666.66, now at +62,616. It closes with a solid bullish candle, closing tightly near the recent high zone. Short-term buy-side sentiment is still decent. MACD values: DIF 26.05, DEA 22.37. Both lines are above the zero axis with a slight pullback; the red histogram continues to shrink. Bullish momentum for the upswing is gradually weakening, and sell pressure around the previous high is clearly bearing down.

ETH: The intraday high is 1,785.82, current price 1,782.48. It closes as an almost straight-headed bullish candle, with short-term bullish sentiment extremely strong. MACD: both lines continue rising, and the red histogram narrows slightly. Upside momentum is slowing; price is hugging the previous high resistance zone, and the risk of a push-up followed by a pullback is increasing. Intraday low: 1,747.

Plan & layout
BTC: Buy in the 62,500-62,700 range, target 63,200-63,600
ETH: Buy in the 1,760-1,765 range, target 1,780-1,785$BTC #ETH$ETH
BTC-1.76%
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