Yueying: July 15th Bitcoin and Ethereum Market Analysis - Bullish Breakout Will Test Key Neckline (with Short-Term Strategy)

On the daily chart, Bitcoin rebounded after finding support at the middle Bollinger Band, breaking through the previous high and closing with a solid bullish candle. Intraday trading opened with the price consolidating around the current high. The Bollinger Bands are slightly widening upwards, short-term moving averages are trending upwards, the MACD fast and slow lines are extending upwards with increasing volume, the KDJ is crossing upwards (watch for resistance around 100), and the VR indicator is consolidating around 120. On the 4-hour chart, the price tested the high again before encountering resistance and closing lower, currently trading around 64500. The Bollinger Bands are widening, short-term moving averages are trending upwards, the MACD fast and slow lines are trending upwards with decreasing volume, the KDJ is encountering resistance at 100 and turning downwards, and the VR indicator is consolidating around 80. Overall, the price action broke through the previous high resistance with a solid bullish candle, indicating a potential turning point after a week of high-level consolidation. Whether it can continue to test 70,000 depends on whether it can stabilize above 65,000. Short-term support is around 63500, while resistance is around the upper Bollinger Band on the daily chart and the 60-day moving average. Short-term entry points should refer to these support and resistance levels. For Bitcoin, short-term suggestions: Buy at 64250, Sell at 66100 (take profits as needed). Ethereum's trend is slightly stronger, with a large bullish candle breaking through resistance and reaching around 1900. On the 4-hour chart, the price is currently facing resistance around the upper Bollinger Band and has pulled back, indicating a short-term need for adjustment. The overall technical analysis can be referenced in conjunction with Bitcoin. Short-term resistance is around 1950, and support is around 1800. For Ethereum, short-term suggestions: Buy at 1820, Sell at 1938 (For more cryptocurrency analysis, click the image to see the homepage introduction and find Yueying). —I am Zhou Yueying, a teacher specializing in technical analysis. If you have any questions about trading or trends, feel free to discuss and learn with me! Let's exchange ideas and profit together!