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7.12 Bitcoin Ethereum Today's Market Analysis BTC Strongly Aiming for 120,000 Beware of Pullback Adjustment Actions
BTC Technical Analysis:
BTC strongly broke through and rose again to create a historical new high. The daily chart shows 4 consecutive bullish candles breaking through the upper band, with the Bollinger Bands in a trumpet opening state and the short-term moving averages running upwards. The MACD fast and slow lines have crossed and extended upwards, with the volume bars increasing, and KDJ also crossing upwards. Pay attention to the resistance near the 100 level.
BTC short-term suggestions:
119800 short (120900), 115800 long (positioning complete, profit at your discretion)
Ether short-term suggestion:
3088 short (3180 short), 2930 long (2858 long)
(Profit from position building is to be managed by yourself)