The present disclosure discloses an embedded touch panel and display device. The embedded touch panel comprises an upper substrate, a lower substrate opposite to the upper substrate, multiple pixel units disposed on a plane of the lower substrate facing the upper substrate, wherein each of the pixel units comprises a bottom-emitting OLED pixel structure and a pixel circuit; a plurality of independent self-capacitance electrodes disposed between the lower substrate and the pixel units and insulated from the pixel units; a touch sensing chip which determines a touch position by detecting a change in capacitance of each of the self-capacitance electrodes during a touch duration; and wires disposed between the lower substrate and the OLED pixel structure, each of the wires corresponding to each of the self-capacitance electrodes and connecting the self-capacitance electrode to the touch sensing chip.