Although the ideas shared by Old Wang in the afternoon gained limited space points, Bitcoin had about 500 points of space, and Ethereum had about 30 points of space. Although it fell below the 4400 mark to around 4370 in the evening, it also experienced a certain rebound and is currently oscillating in a range-bound manner near the 4400 mark.

The current market situation is as Old Wang said, using time to exchange for space. From the current market observation, the Bollinger Bands for BTC are already converging, with the coin price fluctuating near the middle band. From a technical perspective, it is expected to continue fluctuating, overall maintaining an upward trend. As for ETH, from the hourly observation, the bullish momentum is insufficient, and the overall coin price is still declining. The reversal signals observed from a technical standpoint have not had a significant impact on the price trend. Moving forward, Old Wang will still maintain the strategy of buying on dips, waiting for either a price pullback or a breakout above the hourly middle band to execute the buying strategy.

Operational Advice:
Bitcoin 116700-117200 range-bound, look at 118000
Ethereum 4370-4390 range-bound, looking at 44800 #美7月PPI年率高于预期# #以太坊ETF突破300亿美元#