7.19 night 23:08


Analysis:
BTC at the large-scale level: the long side remains intact. On the 1-hour timeframe, both a bullish trend and a bearish trend are present at the same time—I’m a bit confused.
The 4-hour timeframe forms a converging triangle, the 12-hour timeframe is a wide-range consolidation, and the daily chart is also a wide-range consolidation.
ETH at the large-scale level: the long side remains intact. The 1-hour bullish trend has been broken; currently it’s moving through a 1-hour upward swing, but there’s no clear trend. The 4-hour and 12-hour timeframes are showing an upward trend, and the daily chart is also showing an upward trend.
Summary: BTC and ETH can’t be played anymore—both sides can make a case, liquidity is extremely poor, and BTC and ETH aren’t moving in sync. It’s recommended not to trade; wait until the direction becomes clear before entering. Key levels to watch: how US stocks trade on Monday and Tuesday—whether they can give the crypto market a direction.
BTC-0.66%
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TakeASipOfSoup
· 12h ago
😃
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GateUser-980b83a7
· 12h ago
Go ahead
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KillerNine
· 12h ago
Just go for it 👊
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