7.6 Market Analysis
7/6 Mainstream Coin Trend Analysis: BTC and ETH Short-Term Fluctuations, Key Levels Determine Market Direction
1. BTC: Weekend High-Price Fluctuations, Support Levels Provide Short-Term Long Opportunities
Short-Term Prediction: Weekend market trading is light, Bitcoin may maintain high-level fluctuations, with little chance of significant volatility, waiting for a clear direction.
Key Levels: Support levels at 107000 and 105000, a pullback to these levels can be a short-term long (with stop loss); resistance levels may correlate with the previous highs of 109000-109500.
Action: Short-term long at support levels with quick entry and exit, preventing range breakout. $BTC
2. ETH: 2525 is the key level for long and short, pay attention to hourly rebounds
Bullish: Stabilizing above 2525, a rebound may occur in 1-2 hours, targets are 2555, 2585, 2610, each level may encounter selling pressure.
Bearish: Losing 2525, support levels look at 2495, 2475, 2450, with 2475 being the key defense.
Technical Aspect: 2525 determines short-term long and short, stabilizing indicates strength, breaking down or pulling back. $ETH
3. Summary of Operational Strategies
BTC: Relying on a short-term long at 107000-105000, setting stop loss below support, target looking at the upper end of the fluctuations.
ETH: Focus on breaking through 2525, chase long to 2585 after the breakthrough, look at 2475 support if losing, adjust flexibly.
