Yueying: July 24–25 Bitcoin and Ethereum Today’s Market Analysis — High-Level Choppy Action, Is a Near-Term Top in Sight? Plus Short-Term Strategy, Stay Tuned for Today’s Share!

BTC Technical Analysis————
BTC on the daily timeframe shows three consecutive bearish candles, again testing support around the middle band. During the day, it opened and continued the weak bearish drift lower. The Bollinger Bands are narrowing and tightening, with short-term moving averages running parallel. The MACD fast and slow lines are moving downward, while the histogram is shrinking. The KDJ is extending downward after a cross—watch the support around the 0 zone. The VR indicator is consolidating around the 150 level. Looking at the four-hour chart: after being pressured and closing with a pin near the middle band, the price continued to drop with consecutive bearish bodies. It has broken down from the lower band and is currently running around 64,000. The Bollinger Bands are opening downward; short-term moving averages are running lower. The MACD fast and slow lines extend downward, with green histogram bars expanding. The KDJ is capped around the 50 level and turns down with a cross to the downside. The VR indicator is consolidating around 130. Overall, the market structure shows no real change—the mindset remains the same. The rebound has limited strength; for short-term support, first focus on the area above 62,800. For resistance, watch the area around the prior high. Tonight into early morning, if the range isn’t broken, movement on Saturday may be even smaller. For short-term trading suggestions, read on;

BTC Short-Term Suggestions: Sell 66,000, Buy 63,300 (once the strategy is activated, if there’s profit, you take it at your discretion)

ETH Technical Analysis————

ETH follows BTC’s consecutive bearish decline and is likely to see range-bound consolidation and adjustment in the short term. The daily and four-hour overall technical outlook is synchronized with BTC—refer to BTC for reference. For short-term trading, resistance above is around the prior high area; support is around the 1,800 zone. See short-term suggestions next.

ETH Short-Term Suggestions: Sell 1,920, Buy 1,830 (once the strategy is activated, if there’s profit, you 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 market trend, feel free to exchange and learn with me! Communicate together, and profit together $BTC ‌#夏日创作营