Yueying: July 20 BTC and ETH Market Analysis Today—Unbreakable and Unbuildable, Wait for a New Structure. Includes Short-Term Strategy—Let’s see today’s share!

Big Pie (BTC) Technical Analysis————
BTC daily: Looking at the prior K, it closed as a doji with a bearish tone. The price is trying to break upward but hasn’t broken yet. Today, the market opened with an upward stretch to test the 60-day moving average, then met pressure and pulled back for adjustment. The Bollinger Bands are narrowing and running sideways, with short-term moving averages slightly trending up. The MACD fast and slow lines are rising in parallel, and the histogram shows shrinking volume. After the KDJ turns and intersects, it runs downward—watch the support around the 50 value. The VR indicator is consolidating near 130. On the four-hour chart, after the price touched the 65,000 area, it formed a pin-like reversal and dropped; it is currently trading above the 60-day moving average and the midline. The Bollinger Bands are in a flat state, with short-term moving averages turning downward. The MACD fast and slow lines turn and cross downward, and the green histogram expands. The KDJ extends downward—watch the support around the 0 value. The VR indicator is consolidating near 130. Overall, the market hasn’t changed much; the short-term thinking remains the same. On the upside, continue to reference resistance near the prior high area. On the downside, reference short-term support around 63,000. For short-term trading, first enter around support/resistance, and just wait for the price to break out (break down) to act. The strategy is to follow “first成交” when placing trades—then follow the short-term advice:

Big Pie (BTC) Short-Term Suggestion: 64,500 short, 63,000 long (when the strategy is activated, if there’s profit, take it at your discretion)

Ethereum (ETH) Technical Analysis————

ETH’s price is oscillating back and forth within a small range, with limited volatility space; but the longer it oscillates, the closer the time for a breakout/turning point becomes. The daily and four-hour overall technical setup is synchronized with the Big Pie—refer to it accordingly. On the upside, watch resistance around 1,900. On the downside, reference support around the daily midline area above. As long as neither side breaks within the day, the short-term trades should first rely on support and resistance to enter. Here’s the short-term suggestion.

Ethereum (ETH) Short-Term Suggestion: 1,880 short, 1,790 long (when the strategy is activated, if there’s profit, take it at your discretion)

——I’m Zhou Yueying, a teacher specializing in technical analysis. If you have any issues with your trades or the trend, you can exchange and learn with me together! Communicate together, profit together! $BTC ‌#夏日创作营