7.24 midday BTC Ether strategy

The overall market rhythm has shifted from the strong unilateral trend of the previous two weeks to a sideways fluctuation + differentiated turnover. After a correction, mainstream coins have stabilized temporarily, while altcoins show明显乏力, indicating that current funds are more inclined towards defense rather than chasing highs.
BTC rebounded quickly from 117300 to around 118800 yesterday, but is still constrained by the resistance level at 120000, indicating that the selling pressure above has not been resolved. Ether's performance is in sync, oscillating repeatedly between the range of 3600-3700, with signs of protective buying from the main funds, but no strong offensive has been initiated.

Overall, the market still shows a bullish trend that has not completely faded, but the short-term momentum for rising is insufficient. Capital concentration remains in the mainstream, while altcoins have yet to take over, and the rotation pace has slowed down.

Operation Suggestions:

BTC: Focus on support in the range of 117800-118300 for low long positions, with upper targets looking at 119500-120000. If it doesn't hold, prioritize short-term profit taking.

Ether: You can try going long in the range of 3600-3620, with the target looking towards 3700-3750. If it breaks through, then look at 3850.