Crypto circle LiYing: Latest BTC and ETH market analysis for 7.16

　　
　　Bitcoin’s current price is 65,000. From the chart, after previously falling to 57,758, it rebounded all the way. Now the price is staying above multiple moving averages, indicating that the bulls have the upper hand. However, since it has risen quite a bit in the short term, a pullback and shakeout are possible, but the bigger picture hasn’t turned bearish. It’s suitable for steady traders to follow the trend. The EMA moving-average system is in a bullish alignment. MACD is above the zero axis and has formed a golden cross; the red bars are continuously expanding, and momentum is sufficient. The Bollinger Band midline tilts upward; price is running between the mid and upper bands. The channel opening is widening, which is a typical strong consolidation pattern within an uptrend. There are no top signals yet.
　　
　　Short-term ideas for reference:
　　
　　Go long at 64,000–63,500, stop loss at 63,000, target 65,500, aiming for 66,000
　　
　　Go short at 66,000–66,500, stop loss at 67,000, target 65,500, aiming for 64,500
　　
　　Ethereum
　　
　　Family, Ethereum was at 1,917 before the time of writing. In recent days, the price has been climbing along the short-term moving averages. Although there have been small pullbacks in between, none has broken below key support, which shows strong buying pressure. This “enter, retreat, then advance” rhythm is especially suitable for trading in line with the trend. As long as there is no breakout with volume and a clear breakdown, it will likely continue probing the prior high and possibly even a new high. The EMA system shows a typical bullish alignment. MACD is above the zero axis; DIF and DEA are running in a golden cross. The upper band is at 1,954 and the mid band at 1,861 form dynamic support. The lower band is at 1,767, which is relatively far away, indicating volatility expansion with an upward direction. Overall, the technicals support a continued bullish bias, but be aware of the upper Bollinger Band pressure and the potential risk of bearish divergence on MACD near the top.
　　
　　Short-term levels for reference:
　　
　　Go long at 1,880, defend at 1,840, stop loss at 1,800, target 1,950, aiming for 1,990
　　
　　Go short at 1,980, defend at 2,020, stop loss at 2,050, target 1,950, aiming for 1,900
　　
　　The above content is exclusively original by LiYing. If reprinted, please indicate the source! The article release review may be delayed; market conditions can change in an instant. The above suggestions are for reference only—risk is your own. $BTC ‌#预测世界杯阿根廷VS英格兰 $ETH ‌