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Analyst Liang Qiu: On 7.11, BTC and ETH surged multiple times before falling back. In the evening, we continue to see a downward trend as the main focus.
BTC ETH has repeatedly reminded that after breaking new highs, there will be expectations for repairs and consolidation. The market has indeed retreated after several attempts to rise, repeatedly testing around 117200 and 2970. Although the space is not large, the overall several waves have shown a decent space. Currently, the evening market is rising again; pay attention to whether the evening high points of 118800 and 3040 can break through again. If it cannot break through, the market will likely rise and then fall back, and due to the significant rise in the short term, once it retracts and falls, the overall space will still be quite large. When you think it will rise again, the market's downward trend will become even more rapid.
In the evening, continue to enter short positions near 118200 and around 3010 for BTC and ETH, with short-term targets at 116500 and around 2950. If it breaks, continue to look down, with support around 112000 and the 2780 line. The publication has timeliness, and specifics are based on real-time. #BTC再创新高# #ETH突破3000# #VIP 专属空投嘉年华#