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7.20 Linmu morning BTC and ETH biscuit trading strategy analysis
From short-term price action, a pullback to 64,500 is more likely seen as a benign correction after a sharp rise. Notably, in the 1-hour timeframe, the Bollinger Band middle line is rising, price is running closely along the middle band, and bearish momentum on the MACD is weakening. It is expected that the market will build a bottom around the 64,500 area; after breaking above 65,000, upside room will open.
BTC: Pull back to around 64,100-63,600, then go long; targets around 65,400-66,000.
ETH: Pull back to around 1,845-1,820, then go long; targets around 1,910-1,950.#PreIPOs第二期OpenAI认购 $BTC $ETH