On Friday, July 19, the early trading ideas for Bitcoin and Ethereum are as follows:

Yesterday's market was relatively stable, and the 65,000 area continued to be under pressure and difficult to break through effectively. Finally, after falling to the 63,300 line in the evening, a rebound correction trend appeared. At the opening of yesterday, it was expected that the market would be a consolidation shock, and the corresponding range was given. The intraday trend was basically in line with expectations.

From the current daily trend, after the previous continuous rise, the short-term ushered in a negative line correction, and the high-level K line showed signs of closing a cross star, which means that it may face a change in the market or continue the downward trend.

Combined with the news, according to the New York Times, US President Biden said in the latest interview that if the doctor tells him that there is a problem with his health, he will evaluate whether to continue to participate in the presidential campaign. In addition, according to the latest news about the Ethereum spot ETF, it has been approved and the fee rate has been modified. It is reported that it is expected to start trading as early as next Tuesday. However, the popularity of the Ethereum spot ETF has been hyped for a long time, and it is not ruled out that the market has digested this good news in advance. Therefore, when the news is officially released, it may not cause too much fluctuation.

In terms of operation suggestions, you can still consider going long on Bitcoin at 62500 and going long on Ethereum at 3390.

Please note that the market situation may change at any time. The above suggestions are for reference only. Investors need to make decisions based on their own risk tolerance and investment goals, pay close attention to market trends, and do a good job of risk control.