BTC ETH: The recent navigation situation has shown a significant downward trend as of July 25th. Currently, the price has stabilized around 115080, but overall it remains in a weak state, operating below multiple moving averages.

In the short term, although there are rebound signals such as bottom formations and hammer candlesticks, the moving average system still shows that bears are dominant. The downward movement of MA7 and MA30 has not changed direction, creating significant pressure. Therefore, the market may attempt a rebound in the short term, but there is heavy resistance above, and the height of the rebound is limited. We still need to be vigilant about the possibility of a further decline. BTC is short near 115800-116300, looking at around 114500.
Short near ETH 3635-3650, look at around 3520, #BTC# #ETH# #Gate Launchpad IKA上线# #以太坊交易量飙升# #比特币市场分析#