Over the weekend, the coin price remained fluctuating between 63600-64500. The 4-hour chart was firmly above the middle Bollinger band. At that time, I mentioned to everyone that the bullish pattern still existed, but there was pressure from above, and a short-term pullback was needed for market cleaning. As expected, there was a slight pullback testing the previous low, and now it is running near the current price of 63000. In the medium to long term, the 4-hour level shows a particularly noticeable change from yesterday's pattern: the price was still fluctuating above the middle band yesterday, but today it directly dropped below the middle Bollinger band, completely weakening the medium-term trend. The RSI fell to 31.4, entering the weak zone, and the MACD lines are turning downward with the green bars continuously increasing. The KDJ is sharply declining, approaching the oversold zone. The upper resistance level is still the 64400 mark mentioned yesterday, while the short-term support is around 62300, with a key mid-term bottom line at 61000, which I also emphasized yesterday must not be effectively broken; once breached, the previous upward structure is directly invalidated.

From a short-term perspective, the small cycle fluctuated back and forth yesterday, grinding the indicators. Today, the Bollinger channel opened wide downwards, with a sharp drop to a minimum of 62434. Currently, it is just a slight rebound repair caused by overselling. Although the RSI, MACD, and KDJ have slightly turned, they are all at low levels. This wave of rebound is merely a technical repair and certainly not a reversal signal, and the strength of the next downward force won't be too strong. Considering yesterday's fluctuation and today's breakdown, the original range-bound pattern has been broken by bears, and the short-term pullback provides an opportunity for bulls. The above is solely a technical share of the market and does not constitute any investment advice.Follow Mr. Coin for real-time market analysis.

7.13 Bitcoin Short-term Reference:

Southbound within the range of 64300-65300, defend 66500, stop loss 500 points, target below 63300

Northbound within the range of 62000-62800, target above 63500, stop loss 500

There may be delays in message sending; strategy suggestions are for reference only. The market changes rapidly; regardless of how high one’s judgment accuracy is, always ensure to set profit and stop-loss correctly for safety.

7.13 Ethereum Short-term Reference:

Above 1835, defend 1870, target below 1760,

Within the range of 1710-1750, defend 1600, target above 1780,

There may be delays in message sending; strategy suggestions are for reference only. The market changes rapidly; regardless of how high one’s judgment accuracy is, always ensure to set profit and stop-loss correctly for safety.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。