7.29 Thoughts

A new week has begun. In the daily trend, the price of the currency has been consolidating at a high level since the bottoming out and rebounding. In the short term, after the bottoming out and rebounding, a cross Yin line was closed at a high level and then a broken Yang line appeared. If the market is to change, the currency price will adjust downward, but the market is actually still rebounding, so the trend is still looking at the continuation of the bulls. The 4-hour Bollinger band shows signs of closing. The short-term rhythm is not expected to be too big, and it is still necessary to wait for the adjustment of time to break this oscillation. The line structure is upward. If the short-term cannot be effectively stepped back, it is still regarded as a continuation of the bulls.

On Monday morning, it is recommended to go long near 67500-67300 for Bitcoin, and the target is 69500-70500

On Monday morning, it is recommended to go long near 3240-3210 for Ethereum, and the target is 3330-3380 #BTC