BTC ETH: Recent Flight Analysis on 7/26 Early Morning The recent price experienced a rebound after a previous fall, and is currently oscillating sideways near MA(7). The current price is 115434.8, located below MA(7) and MA(30), showing clear signs of weakness. In addition, from the recent Candlestick patterns, the appearance of the belt hold line (, especially if it is a Bearish line ), indicates that the selling power in the market is still dominant. The key level near 115434.8 is being contested repeatedly, showing significant divergence between bulls and bears in the market.

In the short term
The Candlestick shows a volatile structure, and the technical aspect lacks strong directional guidance. The short-term moving average (MA7) is slightly declining, indicating a higher probability of continued adjustment in the short term: at the same time, the amplitude between the important support at 114667.3 and resistance at 116759.6 is narrowing, enhancing the market's wait-and-see sentiment. In the absence of breaking through support or resistance levels, the market may continue to maintain range-bound fluctuations.
If the price falls below 114667.3, it may test lower support levels again; if it breaks through 116759.6, a strong rebound may be on the horizon in the short term. BTC around 116000-116500 is a short, watch around 114000.
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