7.17 Evening Bitcoin and Ethereum Market Analysis

After “big pie” saw a small afternoon increase in volume and broke down from the midday range, it briefly stabilized and stopped falling at 62611 in the afternoon. ETH also moved in sync out of a downward trend, then stopped falling at the low of 1819. The market is currently in a low-volume rebound and repair, but the rebound strength is still relatively weak, and it is still not enough to convincingly challenge the overhead resistance levels. In the MACD, the DIF and DEA show signs of forming an underwater golden cross. The “big pie” momentum is indeed gradually weakening, and the KDJ is now in an upward-diverging state, which is favorable for opening up upside room. However, it still needs volume to coordinate with a breakout above the resistance levels; only then would a counterattack be possible. It is recommended to wait and observe how volume releases after the evening U.S. stock market opens. If the rebound effectively breaks through, follow the morning approach and continue to track it. $BTC #沃什称AI是否引发通胀取决于美联储 $ETH