7.15 evening

From the big BTC four-hour cycle moving-average structure, it is clearly visible that the short-, mid-, and long-term moving averages show a standard bullish “stacking” arrangement, in order: EMA5 ＞ EMA10 ＞ EMA20 ＞ EMA120. Even if the order book surface shows a phase of pullback and adjustment, the whole moving-average combination still steadily moves upward, continuously catching bids below B price, providing solid support for the overall market situation, and the probability of a short-term deep retracement is relatively low.

Taking MACD as another reference, the indicator is operating overall above the zero axis. The DIF line remains steadily above the DEA line, and the red histogram bars are still expanding in volume. This indicates that the current upward move is not a temporary rebound driven by short-term news; the overall bullish momentum reserve is sufficient, and there is still动力 to continue expanding upward afterward.

Recommendations

BTC: 640-645 support zone, target 660-670
ETH: 1830-1860 support zone, target 1950-1980