7.24 Ethereum spot ETF is listed, aiming at $5,000 is just around the corner, where will Bitcoin go?

Bitcoin has a phenomenon of up and down oscillations in the evening, and the overall price tends to move downward. From the 1-hour chart, the current price continues to test the lower track of the Bollinger Band. There is still a need to test the new low in the short term. The price may have a demand for downward correction support in the short term. From the 4-hour chart, the K-line is in a narrow range of fluctuations on the lower track, the MACD dead cross short momentum slowly exerts force, and the KDJ three lines are running downward. The current pressure is still very strong. Wait for the bottom support to take more, maintain a low-multiple thinking, and the general trend is still optimistic about the bulls.

Ethereum 1-hour market pin rebound to test the middle track of the Bollinger Band and was suppressed. At present, the Bollinger Band trend is a bit biased to turn downward. From the 4-hour chart, the Bollinger Band slowly opens, the price continues to oscillate and test the middle track, the MACD dead cross slowly shrinks, and the KDJ three lines turn upward. From the technical point of view, the short-term price still has a need to test the support downward. For friends who want to layout, I suggest that it is safer to wait for the callback before entering the market.

BTC operation suggestions:

Go long when the price falls back to 65000-65500, target 66500-67500, stop loss 64500 when the price breaks 68500

ETH operation suggestions:

Go long when the price falls back to 3380-3410, target 3490-3570, stop loss 3340 when the price breaks 3640. Real-time guidance WeChat: btc0798

If you don’t understand technology, don’t know how to read the market, don’t know when to enter the market, don’t know how 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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