Blockchain Liangqiu: 7.31 Bitcoin/Ethereum evening operation strategy with market analysis

The long-term ideas of 65500 and 3260 lines that we laid out for Big Cake and Ethereum last night, with the target of 3350 and 67000. The market also rose as expected and basically reached the target. We also reminded you to pay attention to the reasonable control of the range in the evening, and all the previous posts can be seen. At present, the market has risen and then sideways again. There is still a need for further rise in the market. Wait for a retracement before entering the market again.

From the perspective of the daily moving average indicator, Ethereum's 7-day and 10-day moving averages began to overlap and gradually turned upward, that is, near the 3260 line. In the past two days, Ethereum has repeatedly tested the 3260 line support and began to rebound, indicating that the short-term market has good support strength at this position. Big Cake only needs to pay attention to the 65000 line support. The four-hour Bollinger Bands also began to shrink. Last night, it was emphasized that the current market is in a narrow range of fluctuations, and the continuity of long and short positions will not give much room. The market is also going as expected. Patiently wait for multiple bottoming out and then rebound.

In the evening operation, long orders will continue to enter the market near 65500 to 65800 for Bitcoin, with a target near 67000; long orders will enter the market near 3260 to 3290 for Ethereum, with a target near 3360. #美联储何时降息？ #BTC #ETH