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On the evening of July 4th, for the price to successfully break through the upper resistance level, the rising momentum must accumulate and build up in order to test higher positions; thus, the price must fall within the range of 108400-107150 for adjustment. MACD: DIF continues to approach the zero axis, with the red and green bars converging, indicating that the market has entered a consolidation phase. The Bollinger Bands have touched the middle band multiple times and then retreated, clearly showing insufficient momentum to break upward.



Operation suggestion: Short Bitcoin at the current price of 108900-109200, targeting around 107500-107200 for a long position, as long as it does not fall below the strong support level of 106300, the medium-term is likely to oscillate upwards to the resistance level of 111200.
Ethereum trading suggestion: Short around the current price of 2550, targeting near 2500, and if it breaks below 2480, go long.
BTC-5.14%
ETH-5.76%
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