Yueying: Bitcoin and Ethereum Market Analysis (July 26th): Can Key Support Levels Hold? Weekend Brief Review

On the daily chart, Bitcoin's previous candlestick was a small bullish candle, briefly breaking below the middle Bollinger Band and the 60-day moving average before rebounding. Intraday trading opened with slight upward fluctuations, consolidating around 64500. The Bollinger Bands are flat, with short-term moving averages parallel. The MACD lines are narrowing downwards, with decreasing red histogram bars. The KDJ indicator is trending downwards; watch for support near the 0 level. The VR indicator is consolidating around 150. On the 4-hour chart, the price has stabilized above the 7-day moving average, oscillating upwards in a narrow range, currently trading below the middle Bollinger Band. The Bollinger Bands are narrowing, with short-term moving averages trending upwards. The MACD lines are extending upwards, with decreasing green histogram bars. The KDJ indicator is turning upwards; watch for resistance near the 100 level. The VR indicator is consolidating around 70. Overall, the current market is still in a weak adjustment phase. As long as key support levels hold, the intraday trend can continue to be upward with fluctuations. Short-term resistance is around 66500, and support is around 63000. Weekend market volatility is expected to be slow, so short-term traders can consider entering within this range. See short-term suggestions for Bitcoin: Short at 66000, Long at 63500 (Take profits as needed). Ethereum's 4-hour chart shows a slight rebound after a dip, currently testing short-term resistance around the middle band and the 60-day moving average. A break above this level could lead to further upward movement; otherwise, expect consolidation. The overall technical analysis should be referenced in conjunction with Bitcoin's. Short-term resistance is around the previous high, and support is around 1800. See short-term suggestions for Ethereum: Short at 1910, Long at 1840 (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. Feel free to discuss and learn with me if you have any questions about trading or trends! Let's exchange ideas and benefit together!