July 1st Afternoon Bitcoin and Ethereum Cycle Thoughts

Hello everyone, this is Yang Jie, focusing on the analysis of mainstream coin trends, continuously sharing insights on left and right trading patterns as well as mid to long-term and short-term swing perspectives. In the crypto world, gains and losses coexist, and I hope everyone can become a winner!

Bitcoin Trend and Strategy

Bitcoin has recently shown weak performance, retreating to the horizontal support level after two unsuccessful attempts to break through the resistance level. In the short term, the price is likely to fluctuate within the current range, and day trading can adopt a low buy high sell strategy. From a long-term perspective, the bullish trend remains unchanged, and those already holding positions can patiently hold; for those who have not entered the market yet and wish to buy at the bottom, it is recommended to wait for the price to dip below 90,000 before considering. In terms of spot investment, the long-term outlook is bullish, but investors with weak holding capacity and low expected returns should participate with caution.

Ethereum Trend and Strategy

Ethereum's trend is similar to that of Bitcoin, with limited fluctuations recently. Key levels and directions have been pointed out multiple times before. Analyzing from larger time frames above four hours, the market leans towards bullish, and it is likely to primarily follow a pattern of fluctuating upwards.

In the crypto world, the competition between retail investors and market makers is intense, and information asymmetry has a significant impact. I will continue to share experiences to help everyone enhance their trading abilities. Please note that the market changes rapidly, the views in this article are time-sensitive, and trading decisions should be based on real-time data; the above suggestions are for reference only. Investment risks are high, and it is essential to proceed with caution when entering the market!