[BTC] July 28

If the monthly line does not break below 11.2, a correction cannot be initiated, and 12.23 cannot be considered a peak. A quick recovery from the false breakdown below the support range of 11.52-11.7 indicates that the trend structure remains unchanged, and we continue to expect new highs.

Break through the upper resistance zone of 12.05-12.15 and go long, waiting for the expected targets of 13.2-13.5 and 15.4-15.7.

If it breaks below 11.5 and cannot recover, wait for trading at the 11.3-11.2 and 11-11.05 positions.

Once a single order breaks through the support zone above and below, it is very likely to trend in one direction.

Be cautious of false breakouts; a quick reversal after a breakout is indicative of a false breakout.

After breaking through 112.05-12.15 upwards quickly, it fell back, a false breakout signals a bearish outlook.

[Ethereum]

The 3500-3800 range has already been broken. After breaking through 3800, it pulled back and fell below, but many have re-entered. Continuing to look at the expected target above, 4100-4300. If it pulls back again to 3800 or falls below, quickly re-entering long positions is still possible. The 4-hour neckline is around 3580.

Note to take positions on the right side in the BTC 12.05-12.15 range, and take positions on the left side once the expected structural position is reached, the same applies to ETH.