Yueying: July 14th Bitcoin and Ethereum Market Analysis - High-level consolidation forming a short-term top? Short-term strategy included.

The trading range for Bitcoin's long positions, as mentioned above, was limited. Looking at the daily chart, the previous candlestick closed bearish, indicating a pullback after a rally to around the middle Bollinger Band. Intraday opening saw a slight rebound followed by consolidation. The Bollinger Bands are flat, with short-term moving averages aligned horizontally. The MACD fast and slow lines are trending upwards with decreasing volume. The KDJ is trending downwards, so watch for support near the zero line. The VR indicator is consolidating around 110. On the 4-hour chart, the price dipped and rebounded after a false break below 62000, followed by consecutive bullish candles. Currently, it's trading around the 7-period moving average. The Bollinger Bands are widening downwards, with short-term moving averages aligned horizontally. The MACD fast and slow lines are trending downwards with decreasing green volume. The KDJ found support at zero and crossed upwards. The VR indicator is consolidating around 80. Overall, after a slight dip on Monday, the market is currently not very volatile. After testing support, it hasn't broken the daily moving average. Strong resistance is currently around the previous high, while support is around the daily moving average. Today's short-term entry points are based on the daily moving average and the 7-day moving average. The price is currently in the middle range; enter on whichever side it touches first. The range is 635-618. Do not participate if it breaks through. For Bitcoin, the short-term suggestions are: long at 62000, short at 63200 (take profits if the strategy is activated). Enter the trade if it reaches the first target. For Ethereum, the 4-hour chart shows a slight rebound after a dip, currently consolidating below the moving average. The overall technical analysis should follow Bitcoin's trend, and short-term trading should be synchronized. Focus on the 1830-1700 range first; enter on whichever side it reaches first. See the short-term suggestions. Auntie's short-term trading suggestion: Buy at 1730, sell at 1812 (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!