7.30

BTC
The Bitcoin position is fluctuating at a high level, which can also be seen as a stage high for forming a top. Currently, it is moving in a triangular fluctuation, while the level of 116400 has not been broken through. In the absence of a breach, we should focus on its triangular fluctuation. However, there is a key point below, which is that the CME futures gap is between 114000 and 112000. Historically, this gap tends to be filled. As we approach the end of the month, we can expect larger volatility, making operations more challenging. Personally, I believe that if there is an opportunity to move down to the range of 114000 to 112000, it would be an opportunity for us to aim for an upward rebound. At the current position, there is a high probability that it will adjust slightly downward before moving up to test higher levels. When testing higher, that will be the time for us to reduce our positions. Support: 116400-114000-112000, Resistance: 118800-119400.

ETH
Ethereum is currently experiencing high-level fluctuations at this position, and the daily level has also begun to weaken continuously. At this position, the liquidation map of the exchange contracts shows that the short position ratio is still quite high. According to normal operational logic and patterns, Ethereum at this position will oscillate back and forth, first returning to adjust the relationship between the candlesticks and the moving averages. Once it is corrected, it will attempt to push higher again, which is also an opportunity for us to reduce our positions. Currently, Ethereum is being supported at the 3748 level. If this position is breached during the day, it will move around 3620. Support levels: 3748-2620-3540, Resistance levels: 3850-3870. In summary, the difficulty of operations in the past two days will increase, and the volatility will also be relatively large. Those who are unsure about the market or cannot understand it can take a break.