7.23 Evening Bitcoin and Ethereum Market Analysis

Combined with the afternoon trend, the price comparison saw a small increase in volume as it moved from 65,700–65,800, then briefly broke below 65,500; after the low hit 65,313, it rebounded back to the 65,600–65,700 area. During the rebound, trading volume continued to shrink, indicating that the seller who pushed the afternoon selloff briefly stopped, but the buyer still lacked the ability to organize an effective counterattack. The market remains in a stalemate of “can’t fall further, and can’t rise.”

As for ETH, it has been passively tracking down, with no new effective volatility.

Now on the 1-hour BTC timeframe, the seller’s momentum has not fully released, but in the MACD the fast and slow lines are already sticking close to the zero axis, showing signs of a potential golden cross. After a period of pullback and repair, the KDJ is also in a continuously upward diverging state. The key rebound going forward depends on whether BTC can smoothly increase volume and reclaim 66,000, and then form a strong push to break through the key level. Otherwise, the lower core support range of 65,000–65,500 will be in danger.

For ETH, still pay attention to support around 1,900. If it can follow up higher smoothly, it can effectively break the 1,960 resistance level. Brothers, still pay attention to the volume and liquidity moves after the U.S. stock market opens.
$BTC #BTC突破66000美元 $ETH