Ethereum was long at around 3430-3450 this morning. During the early morning, the price of the currency reached a low of around 3340, successfully reaching the entry point. Today, the price of the currency reached a high of around 3540, successfully taking 80 points of space. Bitcoin was long at the current price around 65400, with a target of up to 66600, successfully taking 1200 points of space. #BTC #ETH $ETH

7.19 Ethereum early morning market analysis and operation ideas
From the perspective of daily technical indicators, Ethereum's current daily K is in a bullish and continuous volume, and Bitcoin is also in a green TD9 bullish and large volume posture. According to the current bullish rebound strength, the evening's rise is obviously continuing to strengthen. At the same time, Ethereum and Bitcoin fell to 3370 and 63300 twice during the day, and it is highly likely that the bottom has been built. From a technical point of view, Ethereum has now stood firm on the green TD9 rising signal. Overall, the current trend is mainly bullish

From the 4-hour technical indicators, the KDJ technical indicators and MACD technical indicators are both in a slightly upward trend. At the same time, the ultra-short-term coin price once again stands above the MA5-day moving average, and a green TD1 bullish signal appears. The high MA30-day moving average is also continuing to strengthen. This shows that the previous round of Ethereum's decline did not effectively break the support, but instead rose in volume, indicating that the decline is basically over. Therefore, on the whole, the early morning operation strategy is recommended to focus on retracement and long positions.

Ethereum: 3430-3450 area near the long position stop loss: 3367 target: 3480-3530

Bitcoin: 65400-64800 area near the long position stop loss: 64000 target: 66000-66600#BTC #ETH $ETH