7.30 Bitcoin's 70,000 mark cannot stop the bull market, and Ethereum is preparing to attack?
Bitcoin is close to its historical high due to positive changes in the US regulatory environment and improvements in the ecosystem, and market sentiment is optimistic. The current price is 67,350, and there is a strong bullish expectation in the short term; long-term investors should pay attention to policy trends and technical developments to confirm a continued upward trend. It is recommended to consider buying on dips today and remain vigilant against future market increases.
BTC hit the 70,000 line in the evening and fell back under pressure again, and then directly started a straight decline. The current price first fell to the lower support of 66,500 and then rebounded from the bottom and began to hover around 67,000. The technical MACD short position shrank, and the LDK three-line converged and turned upward. Combined with the positive news and market trends, the bullish potential still exists in the short term.
The large-scale capital outflow in the first week of the listing of the Ethereum ETF indicated that investor confidence may be frustrated, which puts pressure on the ETH price in the short term. The current latest price is 3335. After considering the market sentiment and negative capital flow, a correction is expected in the short term. It is recommended to wait for a clearer market trend before making a decision; in the long term, if the fundamentals are strong, you can pay attention to whether there are signs of reversal to evaluate the expectation of rising. The overall idea is still to focus on low and long.
BTC operation suggestions:
Go long when it falls back to 66500-67000, the target is 68500-69500, break 70000 and stop loss 66000
ETH operation suggestions:
Go long when it falls back to 3260-3300, the target is 3360-3420, break 3500 and stop loss 3210 Real-time guidance WeChat: btc0796
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