7.12 The pullback is an opportunity to buy more. BTC encounters a key resistance of 60,000. Can ETH break out of the bullish trend?

Bitcoin bought the bottom and bought more accurately yesterday. As I predicted, the price came to 60,000 and was suppressed. It rebounded to the middle track of the daily line and fell under pressure. In the short term, it has not broken through the double needle top. This line of resistance is very critical. Only after breaking through can it continue to rise. At present, it must be the demand for a pullback to test the bottom support. The trend is still biased towards bulls. Pullbacks are opportunities to cover positions and buy more. It is still necessary to maintain a low-to-long thinking and firmly hold long orders in the medium and long term.

Ethereum, like Bitcoin, encountered pressure on the middle track of the daily line and began to pull back. In 1 hour, there is a need to test the support of the lower track. The 4-hour Bollinger band is slowly shrinking. The price has been oscillating below the middle track to test. From a technical perspective, MACD dead crosses slowly shrink, and KDJ three lines diverge downward. There is still a need for a pullback to test the bottom support during the day. For friends who want to layout, I suggest waiting for a pullback before entering the market.

BTC operation suggestions:

Go long when the price falls back to 56500-57200, target 58500-60000, stop loss 56000 when the price breaks 62000

ETH operation suggestions:

Go long when the price falls back to 3050-3080, target 3160-3250, stop loss 3010 when the price breaks 3350

If you don’t understand the technology, don’t know how to read the market, don’t know when to enter the market, don’t know when to stop loss, don’t know when to take profit, randomly add positions, buy at the bottom and get trapped, can’t keep profits, and can’t catch the market when it comes. These are common problems among retail investors. It doesn’t matter. Come to me and I will guide you to think correctly about trading.

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