$BTC Liying Talks Crypto: Latest Market Analysis for 7.25 Bitcoin (BTC) and Ethereum (ETH)


  
  Right now, Bitcoin is at 64,100—this trend is really one that makes people love it and hate it at the same time. The price is stuck around 64,150, unable to move up or down, which is just like the way we office workers feel: wanting to lie flat but not daring to, wanting to grind but not being able to grind. From a technical indicator perspective, the current move is sending a clear adjustment signal. The moving average system has formed a short-term death cross, and the price is trading below the EMA120, indicating that the medium-term trend has weakened. In the MACD indicator, both the DIF and DEA are below the zero line, and the green histogram continues to expand, strengthening bearish momentum. The Bollinger Bands show that the price has fallen below the middle band at 65,137 and is approaching the lower band at 64,233. If it fails to quickly reclaim the middle band, it may further test support levels. Overall, the technicals are bearish, but near the lower band there is a demand for a short-term rebound
  
  Short-term trading ideas for reference:
  
  Buy the dip at 64,000–63,500, stop loss 63,000, target 65,500 with an eye on 66,500
  
  Buy the dip at 67,000–67,500, stop loss 68,000, target 66,500 with an eye on 66,000
  
  Ethereum
  
  Fam, Ethereum is currently at 1,863—let’s be honest, it just can’t seem to go up; it’s pulling back to find support. It previously rallied from 1,646 to 1,958, and the rise was pretty strong, but in the past few days it has clearly lost steam. The price has retreated from the highs. In the moving average system, EMA7 has crossed below EMA30, forming a short-term death cross, and the price is still below EMA120, indicating the short-term trend is bearish. MACD shows both DIF and DEA below the zero line, with the green histogram continuing to expand and bearish momentum strengthening. As for the Bollinger Bands, the price has already broken below the middle band at 1,892 and is moving toward the lower band at 1,849. If it breaks below the lower band, it may trigger an accelerated selloff. Taken together, the current technicals are bearish, so be alert to the risk of further downside
  
  Short-term level references
  
  Buy the dip at 1,880, defend 1,830, stop loss 1,800, target 1,960 with an eye on 2,000
  
  Buy the dip at 1,900, defend 1,950, stop loss 2,000, target 1,860 with an eye on 1,830
  
  The above content is exclusively original by Liying. If you repost, please indicate the source! There is a delayed review process for article publication; the market can change in an instant. The above suggestions are for reference only—risk is yours to bear. ‌ $ETH #Gate事件合约首发狂欢
BTC0.91%
ETH1.51%
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