Analyst Liang Qiu: 7.20 BTC ETH has repeatedly surged and is currently trading sideways at a high level, suggesting there may still be room for further upward movement.

BTC continued to trade sideways over the weekend, while ETH broke through the recent high point again, with the daily chart showing a series of rising candles and a relatively small pullback. The bottom support is also gradually rising, indicating that there may still be further upward space. The strategy we have been adopting is a very steady one, which is to look for a pullback after ETH breaks through the recent high relying on the upper high points. Each time it comes down, the overall space is not small, which is something we've shared multiple times before, as we must be cautious of pullbacks after significant short-term rises.

However, the current trend of姨太 in this round of market is quite similar to the doubling trend from the low point of 2167 to around 4098 around January 2024, with a very obvious overall rise. The difference is that in that bull market, both大饼 and altcoins experienced a surge. After姨太 rises again in the evening, chasing after the rise is still not advisable. This round of rise started from姨太 3660 to 3680, which can be seen as a new short-term support level. The short-term resistance above is around 3850 at the weekly level; breaking this level will bring the market back to around 4000. For those seeking stability, you can continue to watch for the pullback after each rise, taking profits when possible. For those who want to go with the trend, you can look bullish relying on the support below, but be sure to set take-profit levels given the high volatility.

Evening operation suggestion: Buy BTC around 117000 to 117500, target around 119000; for ETH, buy around 3680 to 3710, target around 3800, if it breaks, look at around 3850, and near 3850, you can first look for a wave of pullback down. #ETH突破3600# #特朗普施压鲍威尔# #山寨季何时到来？#