Analyst Liang Qiu: 7.4 BTC ETH KUNG DANG meets expectations, can continue to watch for peaks and pullbacks.

BTC and ETH laid out a strategy above 109500 and 2580 early last night, and the market fell all the way down to 108450 and 2525. During the decline, timely exit signals were given, securing a good profit. Currently, there is some rebound, but the strength is not significant. The levels of 109500 and 2580 remain key resistance for short positions and may provide opportunities to enter sell positions after a rebound.

BTC ETH K-line pattern shows that after a long bullish candle on the daily level, it started to fall back accompanied by increased volume. Currently, the pullback suggests that the market has entered a short-term consolidation phase. On the 4-hour level, recent K-lines are showing a high-level oscillation and pullback trend. In terms of technical indicators, the MACD histogram on the 4-hour level continues to shorten, with both DIF and DEA above the zero axis, but there are signs of divergence and weakening momentum, so attention is needed to see if further adjustments occur. Currently, the market is focusing on short-term support levels at 2500 and 108000. If these levels are broken, a further decline will follow, and attention should be paid to the strength of the support.

Operating advice for BTC: Continue to oscillate around 109000 to 109500, target around 107500; ETH: Oscillate around 2550 to 2570, target around 2500, if broken look at the 106000 and 2440 levels.

[The above analysis and strategy are for reference only. Please bear the risk yourself. The article review and publication do not have timeliness. Please refer to real-time for specifics.] #Gate上线xStocks交易# #非农就业数据来袭# #Gate Alpha交易分享#