$BTC ‌#Gate事件合约首发狂欢 $ETH ‌Liying Talk Crypto: Latest BTC and ETH Market Analysis for 7.26

　　
　　Currently, Bitcoin is at 64,100. After that previous wave surged to over 66,900, it has been deflating and retracing all the way back, now sitting right at the lower edge of the earlier consolidation range. The bigger trend hasn’t fully turned bad yet, but the short-term bearish pressure is definitely a bit strong: the moving average EMA7 has formed a dead cross with EMA30, and price is being suppressed below the EMA120 “lifeline,” indicating that bears are dominating in the short term. The MACD is running below the zero axis, suggesting that downside momentum is weakening, but both the DIF and DEA lines are still diverging downward and have not formed a golden cross—no reversal signal has been confirmed. In the Bollinger Bands, price is trading tightly along the lower band, with the middle band acting as strong resistance. The bands’ opening is trending to expand downward, meaning volatility is increasing and downside risk still remains.
　　
　　Short-term idea references:
　　
　　Go long around 64,000–63,500, stop-loss at 63,000, targets 65,500 with aim at 66,500
　　
　　Go short around 67,000–67,500, stop-loss at 68,000, targets 66,500 with aim at 66,000
　　
　　Ethereum
　　
　　Family, Ethereum is currently at 1,863. After that previous wave pushed up to over 66,900, it deflated and pulled back all the way, and now it’s right at the lower edge of the earlier consolidation platform. The short-term bearish force is indeed a bit strong—you need to wait for a clear signal, otherwise you can easily get beaten up both ways. The moving average EMA7 has formed a dead cross with EMA30, and price is being suppressed below the EMA120 “lifeline,” indicating short-term bearish dominance. The MACD is running below the zero axis; bearish momentum is slightly shortened, showing that downside momentum is weakening. In the Bollinger Bands, price is tracking the lower band tightly, and the middle band forms strong pressure; the bands’ opening is expanding downward, implying that volatility is increasing and downside risk still exists.
　　
　　Short-term level references
　　
　　Go long at 1,880, defense at 1,830, stop-loss at 1,800, target 1,960 with aim at 2,000
　　
　　Go short at 1,900, defense at 1,950, stop-loss at 2,000, target 1,860 with aim at 1,830
　　
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