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Analyst Liang Qiu: On 7.23, BTC and ETH once again experienced sideways fluctuations, and the follow-up attention will be on the breakout situation.
BTC ETH has been in a sideways wide fluctuation these days, but BTC broke through 120000 last night, reaching a high of 120300. Although it hasn't stabilized, it has had a testing effect. There is still strong support at the lower level around 117000, and ETH is the same, with support gradually moving up from 3600 to around 3630. The four-hour Bollinger Bands are contracting, and currently, it is in a pullback state. The subsequent focus is on whether this position will continue to break down. If it breaks down, it will enter the next range from 3480 to 3610; if it doesn't break, it will continue to rebound and rise.
Trading advice for BTC around 117000 to 117500, target around 119500; ETH around 3620 to 3650, target around 3750. #山寨季来了?# #稳定币监管风暴# #KOL星火计划破千#