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Analyst Liang Qiu: 7.25 Bitcoin/Ether short order achieved great success, breaking high and continuing to watch for a fall.
Bitcoin/Ethereum experienced a strong surge last night but then oscillated downwards, with an overall decline that was relatively significant. Last night, we again entered short orders near 119300 and around 3730 to 3750. The market then fell to the levels of 115000 and 3570, providing a very good overall opportunity, and those who followed along took off directly.
Currently, Bitcoin has broken the 116,000 to 117,000 line but has not effectively broken through and stabilized again; instead, it has directly broken down. This position was also emphasized multiple times in previous articles and videos as an important box structure support that has now evolved into a top-bottom conversion pressure. Regarding Ether, it is overall relatively strong, but the significant bearish trend will also lead to a decline. The upper side focuses on the daily and four-hour MA moving average at the 3,680 line under pressure.
Operation suggestion: Enter short order for Bitcoin around 115500 to 116000, target near 113500; enter short order for Ethereum around 3630 to 3650, target near 3550, if it breaks look at around 3500. The post is time-sensitive, please refer to real-time data. #余币宝年化收益破24%# #Gate Launchpad IKA上线# #以太坊交易量飙升#