7.19 midday analysis

After the 4-hour MACD formed a golden cross, it continued to diverge upward; DIF has remained steadily above DEA. Bullish momentum red histograms continued to expand, growing longer. The medium-term upside momentum reserve is abundant, and both lines rise in sync in a steady uptrend. So far, there has been no bearish signal such as top divergence or a turning-down. Bullish momentum has not entered a depletion stage, and support for this round of rebound remains, allowing the rally to continue. After the price pulled back to a low level in the early stage, it printed a long lower shadow probing-bottom candlestick; then multiple consecutive-bodied bullish candles followed in a coherent sequence, stepping up both the highs and lows. The retracement bearish candles have small-bodied bodies, and the short-side pressure is weak overall. The overall candlestick lows keep rising and the highs continue to move up. A standard bullish rising structure has taken shape, and the bullish control strength is relatively strong. With the World Cup ending, I personally believe funds will gradually come in. In onefan’s personal suggestion: wait for a pullback to 63,500-64,100, target 64,800-65,500#BTC #ETH #BTC走势分析