7.25 Friday afternoon Bitcoin Ethereum market analysis and trading suggestions

The morning market continued the bearish trend from the midnight market, with prices fluctuating downward, reaching a low of 115210, forming a one-sided downward trend. Currently, Bitcoin is undergoing technical consolidation around 115500. Ethereum’s movement remains highly synchronized with Bitcoin, with prices dipping to the 3575 support area during the session. The morning market trend fully aligns with our bearish expectations, accurately grasping the market rhythm! The provided strategy points have been perfectly fulfilled; our short position set at 118350 was securely closed at 116500, successfully capturing a space of 1850 points. The short strategy for Ethereum at 3716 was closed for profit at 3652, securing a solid gain of 64 points.
From the analysis of the current market trend, the K-line has consecutively formed bearish candlestick entities for two trading days on the daily chart, with each bearish candlestick's closing price being lower than the previous day's low, forming a standard bearish pattern. The price has effectively broken below the important support level of the Bollinger Band's middle line. Observing the 4-hour chart, a long bearish candlestick has been formed, and the body of this candlestick completely engulfs the fluctuation range of the previous three K-lines, directly penetrating the middle line of the Bollinger Band and touching the lower line with overwhelming force. Throughout this downward process, the trading volume has significantly increased, but the bulls have shown almost no substantial resistance. Several weak rebounds during the session have encountered even stronger selling pressure. In the afternoon, watch for a continuation of the bearish trend, and remember to maintain good defense.
Bitcoin: Short positions can be entered around 115300-115800, with a short-term target of 113000.
Ethereum: Short positions can be taken near 3640-3660, with a short-term target of 35500 #余币宝年化收益破24%# .