Market prediction for the afternoon of July 18

In terms of Bitcoin, the price is fluctuating at a high level, seemingly strong, but without continuity, so there is no need to be fearful.
A quick surge in the morning prevented us from entering a short position in the expected 120,000 area. Instead, we entered a short position around 120,400 after a spike and subsequent drop, and we are currently holding it. The market now has both bulls and bears at an equal strength, with a 50% chance for each side. We will not be fence-sitters this afternoon and will continue to hold our short position, defending at 121,500, with a target in the 118,000 area.
The current technical aspects and overall pattern of Ethereum show a bullish dominance. The Bollinger Bands on the daily chart continue to expand, with candlesticks demonstrating a series of upward movements, showing no significant pullback signals. On the 4-hour chart, the MACD indicator forms a golden cross above the zero line, with the continuous release of bullish momentum providing strong support for the upward movement. The hourly chart shows a solid bullish trend, and even if there is a slight pullback, it can quickly recover, pushing the price to continue rising. Currently, the top characteristics have not yet emerged, and it is recommended to place long positions relying on the low levels and follow the trend.
suggestion
Long Ethereum around 3620-3640, targeting 3700 and 37500 #七月行情预测#