7.27 Morning Bitcoin and Ethereum Market Analysis

After last week’s oversold rebound, the weekend saw a brief weakness-to-rebound repair. Then in the early morning, international oil prices crashed sharply; BTC saw increased buy volume and pushed through the 65,000 level pressure, reaching 65,555. As for ETH, the buying pressure is extremely strong: it saw increased buy volume twice, first late last night and again in the early hours today, breaking through 1,900 and the previous high of 1,958, and ahead of the move, setting a recent new high at 1,966. There’s never a standard answer for highs and lows—if you obsess over extreme price points, you’ll only end up waiting and watching, ultimately missing the tradable range that could have been seized.

Now on BTC’s 4-hour chart, although there has been a small wave of volume-backed rebound after the oversold move, it has not successfully broken through the upper band resistance of the Bollinger Bands. The short-term buying momentum continues to release; the MACD has already formed an underwater golden cross and continues to expand upward. However, at this moment, the KDJ is in the overbought zone at high levels, and there is a technical need for a pullback and correction. If BTC can stabilize around 65,000 and proactively probe the 66,000 resistance level afterward, there is further potential to break through 67,000 as well. ETH’s buying pressure is currently even stronger, but you need to guard against a sell-volume counterattack. For now, focus on a pullback and repair; the strategy is mainly low-buy. For the short term, follow the trend—don’t get stuck. $BTC #布伦特原油重返100美元 $ETH