Yueying: Bitcoin and Ethereum Market Analysis for July 19 - Will it surge and plunge tonight or break out strongly?

On the daily chart, Bitcoin found support around the 7-day moving average and slowly rose to close positive. Intraday trading opened with high-level consolidation. The Bollinger Bands are trending upwards, with short-term moving averages aligned horizontally. The MACD fast and slow lines are moving upwards with decreasing red histogram bars. The KDJ indicator is crossing upwards, but watch for resistance around the 100 level. The V-line indicator is consolidating around 110. On the 4-hour chart, after finding support at the middle Bollinger Band, the price rallied to around 65,000 and is currently trading in a narrow range near that high. The Bollinger Bands are flat, with short-term moving averages trending upwards. The MACD fast and slow lines are extending upwards with decreasing red histogram bars. The KDJ indicator encountered resistance at 100 and turned downwards. The V-line indicator is consolidating around 130. Overall, the market tested the previous high again after a dip and subsequent rebound. The previous high remains a resistance level; a breakout is crucial for a stronger bullish performance, otherwise, another dip is likely. Short-term focus should be on the resistance around the previous high, with support around 63000. See short-term recommendations below. Bitcoin short-term recommendation: Short at 65300 (take profits as needed after strategy activation). Ethereum rebounded after a dip, finding support around 1800 and trending upwards. The market is likely to fluctuate, and a range-bound consolidation is expected over the weekend. The daily and 4-hour charts can be used as a reference for Bitcoin's overall technical analysis. Short-term resistance is around 1950, with support around the daily moving average. Short-term entry points should be based on support and resistance levels. See short-term recommendations below. Ethereum short-term recommendation: Short at 1920 (take profits as needed after strategy activation). —I am Zhou Yueying, a teacher specializing in technical analysis. Feel free to discuss and learn with me about trading and trends! Let's exchange ideas and profit together!