7.22BTC/ETH market perspective:

Bitcoin retraced to 115865 in the morning and rebounded, providing a low entry at 115500 for everyone at midnight, but we missed it by a little, which is a pity. The daily K line closed with a long upper shadow bullish doji after three consecutive bearish candles, and we must be wary of the risk of a pullback. The MACD bears are starting to gain momentum, KDJ is in a death cross and trending downwards, and RSI is turning downwards. The indicators indeed show a demand for a pullback, so being too aggressive in going long is not advisable.

Attention to the resistance above Bitcoin at 118000, 118800, and 119700. You can wait in ambush at these positions for a short position.

Pay attention to the support levels at 116000, 115000, and 114000 below. You can attempt to participate in low longs around these positions.

Ethereum pulled back to 3693 and stopped falling, rebounding. At midnight, I advised everyone to buy the dip at 3680, but it was just a bit off, which is somewhat regrettable. As for Ethereum, the same advice applies: try not to short, focus on low long positions. The daily K line has had nine consecutive bullish candles, and although yesterday also closed with a bullish doji, the MACD bullish signal has not significantly weakened, KDJ has not crossed downwards, and although the RSI is in serious overbought territory, it has not turned down yet, so there is no top signal, making it unwise to guess the peak! Pay attention to the resistance at 3900 and 4000.

The support below focuses on 3690 and 3630. A pullback here can be an opportunity to participate in a long position. If it effectively breaks below 3600, then stop loss, and then observe around 3500. #以太坊突破3800#