7.1 Bitcoin and Ethereum Market Analysis and Trading Strategies

July trading month kicks off anew, with increased volatility in the crypto market. If you lack a clear strategy in trading, feel free to contact Yang Jie anytime, who brings you real-time market analysis and precise trading strategies daily.

1. Market Review

Bitcoin demonstrated strong support resilience last night, with prices oscillating narrowly around the 107000 mark. Even when it briefly dipped below, the bulls quickly rallied to reclaim lost ground, confirming the key support effect of the 107000 area. In contrast, Ethereum showed more active movement, with bulls consistently pushing prices upward from the 2431 low, hitting a high of 2521 in the early morning before facing resistance and pulling back, forming a typical wave pattern of "rally - pullback".

2. In-Depth Technical Analysis

1. Daily Level

The K-line continues to operate within a consolidation range, with both bulls and bears repeatedly battling around key levels, presenting a clear box-like consolidation pattern. Yesterday's close was a bearish K-line, with prices quickly falling back after reaching the upper Bollinger Band, clearly indicating strong selling pressure above, making the risk of chasing prices upward significant.

2. Four-Hour Level

The middle line was effectively broken, disrupting the previous balance structure of oscillation, with bearish forces gradually taking the lead. With the loss of support at the middle line, short-term market conditions may continue a downward oscillation trend, recommending high short strategies as the main operational direction.

3. Trading Strategies

Bitcoin (BTC)

Aggressive investors can open short positions with light exposure in the 107500-108000 range, with stop-loss set above 108500, targeting the first level at 107000; if effectively broken, further downside to 106000.

Ethereum (ETH)

It is recommended to gradually enter short positions in the 2490-2520 range, with stop-loss set at 2550, targeting the first level at 2450; if the support level is broken, the target can be extended to 2430.

4. Risk Warnings and Service Support

The crypto market changes rapidly, with severe price fluctuations; it is essential to strictly set stop-loss levels while trading to avoid emotional trading. If you are confused about trend judgment or short-term operations, feel free to join Yang Jie’s professional guidance team, where we will provide you with one-on-one market analysis and trading guidance to help you seize profit opportunities in a complex market environment. #Solana质押型ETF #Strategy增持比特币 #币安Alpha上新