Yueying: Bitcoin and Ethereum Market Analysis (July 24-25): High-level consolidation, short-term top in sight? (Short-term strategy included)

Bitcoin's daily chart shows three consecutive bearish candles, retesting support around the middle Bollinger Band. The price continued its weak downward trend at the open. The Bollinger Bands are narrowing, with short-term moving averages aligned horizontally. The MACD fast and slow lines are trending downwards with decreasing volume. The KDJ indicator is crossing downwards; watch for support near the 0 level. The VR indicator is consolidating around 150. On the 4-hour chart, after encountering resistance around the middle Bollinger Band and closing with a bearish candle, the price has broken below the lower Bollinger Band and is currently trading around 64,000. The Bollinger Bands are widening downwards, short-term moving averages are trending downwards, the MACD fast and slow lines are extending downwards with increasing green volume, the KDJ indicator encountered resistance at 50 and crossed downwards, and the VR indicator is consolidating around 130. Overall, the market trend remains unchanged, and the overall strategy remains the same. The rebound is limited, and the short-term support level to watch is around 62800, while the resistance level is around the previous high. If the range isn't broken tonight and early tomorrow morning, the market may see even less movement on Saturday. See short-term suggestions. Bitcoin short-term suggestions: Short at 66000, Long at 63300 (Take profits as needed after strategy activation). Ethereum has been following Bitcoin's continuous decline, and short-term consolidation within a range is expected. The daily and 4-hour technical charts can be referenced in tandem with Bitcoin. The short-term resistance level to watch is around the previous high, and the support level is around 1800. See short-term suggestions. Ethereum short-term suggestions: Short at 1920, Long at 1830 (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!