Yueying: Bitcoin and Ethereum Market Analysis (July 27th): Upward Channel Structure Remains Unchanged, Awaiting Neckline Breakout

On the daily chart, Bitcoin found support at the middle Bollinger Band and rebounded to close with a solid bullish candle. After a slight pullback at the open, it rallied to above 65,000. The Bollinger Bands are flat, short-term moving averages are trending upwards, the MACD lines are parallel and rising with slightly increasing volume, the KDJ is trending upwards with resistance around 50, and the VR indicator is consolidating around 140. On the 4-hour chart, the price action is oscillating upwards with higher lows. The Bollinger Bands are widening, short-term moving averages are converging upwards, the MACD lines are trending upwards with increasing red volume, the KDJ encountered resistance at 100 and turned downwards again, and the VR indicator is consolidating around 60. Overall, the market rebounded after finding support, and the candlestick pattern continues to show an upward trend in lows. The short-term strategy remains unchanged; continue to focus on the resistance around the previous high, and support around the daily mid-band and the 60-day moving average. If the neckline holds, expect consolidation. A breakout and a successful move above the major dividing line of 70,000 would confirm a bullish reversal. For now, we'll proceed cautiously and observe the market. For Bitcoin, short-term suggestions: short at 66,600, long at 64,500 (take profits as needed). Ethereum's bullish move broke through the previous high, indicating strong bullish momentum. Next, pay attention to whether the psychological level holds. Be cautious about chasing the price higher near the highs; short-term suggestions focus on buying on pullbacks. The overall technical analysis of the daily and 4-hour charts can be referenced in conjunction with Bitcoin's analysis. Short-term resistance is around 2050, and support is around 1880. See short-term suggestions. Auntie's short-term trading suggestion: Short at 2030, long at 1900 (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!