7.21 Midday Bitcoin and Ethereum Market Analysis

In the morning, BTC (the “big pie”) is still trading in the 65,000–65,500 range, and on the short term it remains in an almost sideways move. By comparison, around 1,905, ETH (the “second ether”) saw a “Duo Tou” fund take the initiative to step in, and the price rebounded, breaking above the high reached earlier this morning at 1,917, before moving further to 1,927. At present, the “Duo Tou” momentum is still not strong enough to effectively break 65,500, so we will continue to keep our short-term positioning within that range. We suggest BTC has 300–500 points of room, and ETH has 10–15 points of room. On the short term, the “Duo Tou” is in an advantageous position—just watch for a minor pullback for correction. In addition, friends who still hold “Duo Dan” at lower levels can continue to hold. Everyone’s ability to withstand position fluctuations determines their own upper limit for taking profit. Of course, if your mindset can’t hold up against the swings, no matter how good the outlook is, you won’t be able to capture the full market move. $BTC #GUSD年化升至3.8% $ETH