7.19 Morning BTC/ETH Market Analysis — Shiyuan’s View



BTC
On the 4-hour level, after probing the bottom at 62,500, it rebounded strongly. It is currently holding at 64,780, showing a clear bullish trend, and is building up to challenge the previous high at 65,590.
A pullback and stabilization are bullish; the 65,000 level is ahead. As long as it doesn’t break 63,000, go long along the trend—don’t panic.
Recommendations:
Buy near 64,200–64,500 on the pullback, with a target around 65,500.

ETH
After dropping to 1,810, it quickly reclaimed. Current price is 1,861. The chart shows a bullish engulfing pattern; the desire to catch up is strong, and resistance is at 1,900–1,920.
Long-wick probe lows have provided support, and it’s gearing up to break through. If ETH takes advantage of BTC’s momentum, 1,900 is within reach.
Recommendation: Try a light long around 1,860, set stop-loss at 1,835, and target 1,890–1,910. $BTC $ETH
BTC1.13%
ETH1.17%
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