7.2 The bears are struggling to survive, and the bulls are entering the market to counterattack, waiting for BTC to return to its peak and ETH to soar.

Last night, the market was suppressed after the second surge. Currently, Bitcoin and Ethereum are both in a correction. In the short term, there is a need to test the support after stepping back. The overall decline is very weak. From the fundamental point of view, the top and bottom of Bitcoin 62500 were converted into support after the pressure level was broken in the early stage. From this entry point, we can continue to take more and look up.

Bitcoin technically shows signs of forming a golden cross on the daily line. The Bollinger band on the 4-hour chart is also opening upward, and the price is hovering at the high level of the upper track. The current trend is undoubtedly bullish. This situation of double bullishness from both fundamentals and technical aspects is firm to do more, arrange long orders in advance, and wait for a rebound.

Ethereum daily line shows that the current price is close to the suppression of the middle track. The overall rebound strength of the bulls is not strong enough, and the bulls need to be further released. The price fell under pressure on the 4-hour chart. The current price is pulled back to the support near the middle track 3450. Every time the price falls back, you can enter the market to take more and continue to look up. Real-time guidance: btc0796

BTC operation suggestions:

Go long when the price falls back to 62500-62800, target 64200-65200, stop loss 62000

ETH operation suggestions:

Go long when the price falls back to 3400-3440, target 3540-3640, stop loss 3370

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 how to stop loss, don’t know when to take profit, randomly add positions, buy at the bottom and get trapped, can’t hold on to the profit roller coaster, and miss the opportunity when the market 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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