7.21BTC/ETH market opinion:

The weekly candlestick of Bitcoin closed with a small inverted hammer and ended the previous three consecutive bullish candles. The daily candlestick has shown three consecutive bearish candles. After continuous volume reduction from the MACD bulls, the bears have started to increase volume. The KDJ has formed a death cross and is moving downwards, while the RSI has peaked and is turning downwards. Therefore, one must be cautious of the risk of a pullback and must not chase after rising prices blindly!

The Bollinger Bands on the 4-hour level are flattening, with the price being pressured by the middle band, currently pulling back and testing the lower band support. On the hourly chart, the price has broken below the lower band support and is running below it, indicating a demand for a pullback. The upward pressure to watch for today is at 117500, followed by 118800 and 119700 here, where high positions can be considered for entry.

The support below focuses on 115500 and 114000, which is the support of the daily K-line Bollinger middle band. If it holds here without breaking, there will be a chance for a low long position. If it loses this level, it is likely to go to 111000 and 110000.

Ethereum is Ethereum, and it is no longer synchronized with Bitcoin, so it needs to be treated differently. The weekly K4 has consecutive bullish candles, and the daily K8 has consecutive bullish candles, with strong bullish momentum driving prices higher. There is resistance at 3960, 4000, and 4110 above.

The support levels below are 3680, 3630, and 3500. For a low buy, these need to be observed before entering.

The above is just my personal opinion, and if it differs from yours, then you are probably right. You can follow your own thoughts; I am not giving any signals to anyone, so each person is responsible for their own gains and losses! #ETH突破3600#