Yueying: BTC and ETH Market Analysis for Today (7.19) — Will the late-night spike and sudden drop still be a display of strength, or will it break through decisively? Let’s see today’s share!

BTC Technical Analysis————
On the BTC daily chart, the previous K found support around the 7-day moving average area, with a gradual rise and a bullish close. During the day, the market opened and stayed in a high-level range, moving sideways and consolidating. The Bollinger Bands are trending upward, with short-term moving averages running parallel. MACD fast and slow lines are moving upward, with red histogram bars shrinking. KDJ has an upward crossover and is extending upward; watch the resistance around the 100 value. The V indicator is consolidating around 110.
On the 4-hour chart, after the market gets support at the midline, it forms a stretch of consecutive bullish candles, pushing up to around 65,000; it is currently trading near the highs in a narrow range. The Bollinger Bands flatten, and the short-term moving averages are still running upward. MACD fast and slow lines extend upward, with red histogram bars continuing to shrink. KDJ is blocked near the 100 value, curving downward. The VR indicator is consolidating around 130.
Overall, after dipping and forming a wick low, the price tests upward again. Currently, the previous high area still exerts pressure; only if the bulls can break through in one go will performance look better. Otherwise, it may probe the bottom again. In the short term, first focus on resistance around the previous high area; for support, watch around 63,000. For short-term guidance, see the recommendation below;

BTC Short-Term Recommendation: 65,300 short (If the strategy is activated and you have profit, manage it yourself)

ETH Technical Analysis————

For ETH, the market dipped and rebounded, finding support around 1,800 and consolidating upward with a sideways-to-upward move. Gains and losses are mixed, so over the weekend you can first look for range adjustment. The overall technical outlook on the daily and 4-hour charts is linked; refer to the BTC view for the same logic. For upside short-term resistance, watch around 1,950. For support, refer to the area just above the daily chart’s midline. In the short term, enter positions by relying on support and resistance. See the short-term recommendation for guidance.

ETH Short-Term Recommendation: 1,920 short (If the strategy is activated and you have profit, manage it yourself)

——I’m Zhou Yueying, a 6-star analyst focused on technical analysis. If you have any concerns about your trades or the trend, feel free to communicate and learn with me! Let’s exchange ideas together and profit together! $BTC ‌#USDT充值理财双重奏