Coin Circle Liying: Bitcoin at 77 may face a new round of reshuffling! Ethereum's fluctuating market continues, who is the mastermind behind it? Latest market analysis
Coin Circle Liying: Latest market analysis for Bitcoin on 7.7
Article published on 2025.7.7----00:10
Current price of Bitcoin is 108650. Liying has found that the upward momentum in the current market has somewhat slowed down, and the forces of bulls and bears are relatively balanced. Therefore, from a short-term perspective, Liying believes that after experiencing a decline in momentum, the price may undergo a slight correction, but the support level around 108000 may limit the downside. Rebound signals are gradually emerging. Finally, Liying suggests focusing on the performance near the support level. If the price stabilizes at the support and further breaks through the key resistance level of 109000, one may consider following the bulls; otherwise, one should remain cautious and wait for clearer signals before entering the market. In the short term, pay attention to controlling positions and set stop-loss points near the key support to avoid potential pullback risks.
Today's reference points:
Long position entry at 108000, defend at 107500, stop-loss at 500 points, target at 110000
Short position entry at 110500, defend at 111000, stop-loss at 500 points, target at 108500
Latest market analysis for Ethereum
Before publication, the current price of Ethereum is 2550. Liying has found that Ethereum is currently in an unclear trend phase, with multiple technical indicators showing a tug-of-war between bulls and bears. Therefore, from a short-term perspective, Liying believes that there is a certain correction risk in recent high-level fluctuations. The K-line pregnant line pattern, RSI overbought signal, and BOLL band contraction all indicate that the market may face pressure for consolidation or even slight correction in the short term. However, due to the MACD red column and the moving average system showing a bullish arrangement, the bullish sentiment has not fundamentally changed. Finally, Liying suggests continuing to monitor whether the support in the 2500-2520 range is effective. If the price breaks below this range, one may consider shorting, targeting near the lower Bollinger band around 2490, and strictly controlling positions to avoid chasing highs.
Short-term strategy reference:
Long position entry at 2450, defend at 2400, stop-loss at 30 points, target at 2550
Short position entry at 2630, defend at 2660, stop-loss at 30 points, target at 2510
The above is a brief analysis by Liying of the current market situation for reference by investors $BTC