AnalystLiangQiubb
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Analyst Liang Qiu: 7.11 BTC ETH quickly pumped, beware of plummet drop.



BTC and ETH have seen multiple rapid pumps in recent days, following a quick pump that broke the high point reaching 117500 and 3010 during the early morning, and again pumping to a maximum of 118400 and around 3030 in the afternoon. My view remains focused on a pullback, without chasing long positions. Let’s make a simple assumption: even if BTC continues to pump, the upper limit is at most 120000, which is only a 2000-point space, while the downside has a larger space, with short-term support at 112000 and 2780. Currently, it is more about the release of bullish sentiment, and we should patiently wait for the sentiment release to complete before the pullback.

Friends who have the opportunity to pump in the early session can continue to hold patiently. Those who don't can continue to buy around 118200 and 3020, with a defense at 120000 and 3070. #BTC再创新高#
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