Xiaoyao KOL: BTC Ether Afternoon Market Analysis 7.23

The current daily chart for BTC shows that the recent price is fluctuating between 118000 and 120000. On July 22, a long upper shadow bullish candle was formed, indicating heavy selling pressure above. The 4-hour chart has displayed multiple alternating candlestick formations with both upper and lower shadows, suggesting that the market's short-term direction is unclear, but overall it leans towards a high-level consolidation. Both the DIF and DEA are positive, but the histogram is gradually shrinking, indicating weakening momentum. The daily DIF has crossed below the DEA, presenting a death cross signal, with bearish strength increasing. The current price is close to EMA7, slightly above EMA30, but far from EMA120. In the short term, it remains in a strong zone, but caution is advised regarding the risk of accelerated downward movement if it breaks below EMA7. It is recommended to enter a high position.

Suggested operation: Enter BTC around 119200 to 119800, target near 117500. For Ether, enter around 3720 to 3750, target near 3620. Market conditions are constantly changing, and the article is time-sensitive. Friends entering the market should focus on real-time guidance #山寨季来了？ #稳定币监管风暴 #Gate 6月透明度报告 .