Analysis and Strategy on the Early Morning of July 15

After Bitcoin broke through the previous high of 118,880, it continued to rise to 123,300, once again setting a new historical high. The recent market has continuously broken through and risen; is this the beginning of a major upward wave, or is it just a final pump?
From a technical perspective, the 4-hour chart has shown a clear top divergence, presenting a pattern of rising and then falling with a bearish closing. The price is fluctuating downwards with weak rebounds, and the current 4-hour chart is about to close.
From a macro perspective, this round of price increase highlights the strong capabilities of American institutions. Logically speaking, at this high level in the short term, retail investors are unlikely to enter the market to buy Bitcoin spot. At the same time, the intensity of capital flow has significantly weakened compared to before, and the possibility of selling at high levels exists at any time.

It is recommended not to pursue long positions during the early morning hours, and consider placing short orders at high levels.
Bitcoin operation suggestion 121000-121700 range, target looking down at around 119000-118000.
Ethereum operation suggests a range around 3030-3050, with the target looking down to around 2950-2900, #BTC再创新高# #ETH突破3000# .