Analyst Liang Qiu: 7.25 Bitcoin/Ether market analysis in the early morning.



Ethereum experienced another strong rebound in the evening, rising to a peak of 3772 before starting to retreat. The Ether position we set up at 3630 was also stopped out at 3685 (as noted in the video regarding the break and following the nephew). Currently, the four-hour and hourly charts are closing, with the hourly chart forming a long upper shadow, indicating pressure from above as it rises and then falls back. The bulls are releasing, while the bears are expected to see further retracement and decline in the early morning. From a four-hour perspective, the Ether Bollinger Bands are starting to narrow and point downward, with significant resistance at the 3780 line. Meanwhile, Bitcoin has repeatedly surged to 119500 before pulling back. The market is still oscillating within a range box without an effective breakout, so we will focus on the market's continued rise and fall in the early morning, paying attention to the resistance at the high point.

Early morning operation advice for Bitcoin is around 119300 to 119800, with a target near 117500; for Ethereum, around 3730 to 3750, with a target near 3630. If it breaks, watch for 116500 and 3580 line. The post is time-sensitive, and specifics should be based on real-time data. #Gate ETH十周年回馈# #特朗普AI战略# #Gate Launchpad IKA上线#
ETH0.84%
BTC0.63%
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NothingIsAsGoodAsAvip
· 07-24 16:36
Thank you
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Take戒AsAMaster.vip
· 07-24 16:07
Steadfast HODL💎
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