Summary of Wednesday, July 31:
From the current structural trend, the trend is oscillating and correcting during the day, and the trend is a narrow range of oscillation structure during the day. The overnight rebound upward came to the suppression in the morning and then fell back to 65459 to stop the decline. After the rebound, it continued to form an oscillating structure trend. It was supported at a low level in the evening and rebounded upward. It was also the same as in the morning. It was given to the pin to 66826 and fell back. Therefore, the intraday narrow range of oscillation structure trend is between 65459 and 66826. Wei Yi has always emphasized the focus on the intraday narrow range of oscillation structure trend. From the performance of the day, it is also as expected and has not disappointed people. Wei Yi took more than 2,700 points of space in the day with two longs and one short for big cake, and more than 120 points of space for ether with two longs and one short, so it reached expectations.
In terms of trend, from the 4h level line, the two price channels are respectively the upper upward price channel and the lower upward price channel. At present, the currency price is in the lower upward structure channel and just comes to a support of the support platform. In combination with the previous upward structure trend, the support level of the price channel below is just this position. The rebound will give a strong trend and will come to the upper price channel, but it is inevitable to fall below a support. If it is downhill and there is a continuation, we can pay attention to the position near 63500, so from the performance of the day, we can still focus on long positions.
Bitcoin idea: more around 65500-66000, target 70000
Ether idea: more around 3250-3270, target 3450$BTC $ETH #美国政府转移BTC #超级央行周 #比特币大会 #Babylon主网将上线 #美联储何时降息?