Yueying: July 22 Bitcoin and Ethereum Today Market Analysis Tests the Neckline After Breaking the Previous High—Has Bottom Consolidation Ended?


Let’s see today’s share!

BTC Technical Analysis————
On the BTC daily chart, the previous K-bar closed with a bullish body, breaking through the upper rail resistance and stretching to the 67,000 area. During the day, it opened with a slight pullback, then stayed in high-level consolidation near the upper rail. The Bollinger Bands are opening upward, and the short-term moving averages are aligned upward. The MACD fast and slow lines extend upward, with red histogram bars continuing to expand. The KDJ is running upward—watch the resistance near the 100 value. The VR indicator is consolidating around the 160 value. On the four-hour chart, price is being rejected and pulling back in the upper rail area, and it is currently running above the 66,000 area around the 7 moving average. The Bollinger Bands are in an upward-opening state, and the short-term moving averages are moving upward. The MACD fast and slow lines are slightly turning downward, with the histogram bars shrinking. The KDJ is crossing and running downward—watch the support near the 50 value. The VR indicator is consolidating around the 250 value. Overall, the market has completed the breakout above the previous high, and the price structure remains a choppy upward trend. The key area now is the w-pattern neckline—watch whether it can extend again, gain momentum, and break out once more. The next two resistance levels are in the 68,000 and 70,000 areas. For the short term, first reference the situation around 68,000. The short-term K-line shape keeps making higher lows. For support, reference the 64,600 and 63,000 areas. For now, focus on the area just above 64,600. That’s the short-line outlook—suggestion.

BTC Short-Term Suggestion: 67500 short, 65300 long (when the strategy is activated, if there is profit, handle it at your own discretion)

ETH Technical Analysis————

For ETH, the slow grind today has been holding above 1,900, still showing an upward trend. The overall technical picture on the daily and four-hour charts is synchronized with BTC—refer to BTC for context. For short-term resistances, watch the 2,050 area above. For support, watch above the 1,800 area. That’s the short-line suggestion.

ETH Short-Term Suggestion: 2015 short, 1850 long (when the strategy is activated, if there is profit, handle it at your own discretion)

——I’m Zhou Yueying, a teacher focused on technical analysis. If you have any questions about trades or the trend, you can exchange ideas and learn operations with me! Let’s communicate together, and earn profits together! $BTC #BTC突破66000美元
BTC-1.01%
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