Crypto Circle Early Events 2025.7.7 Monday 1️⃣
Market Analysis 🖥 Future Trend Prediction
Bitcoin and Ethereum Trend Analysis, Wealth Codes, Long and Short Entry Points…
BTC 4-Hour K-Line Support and Resistance:
Resistance Level: 1️⃣1097832️⃣110533 Nearby
Support Level: 1️⃣1083752️⃣107718 Nearby
ETH 4-Hour K-Line Support and Resistance:
Resistance Level: 1️⃣26032️⃣2671 Nearby
Support Level: 1️⃣25222️⃣2476 Nearby
Technical Analysis:
1. Bitcoin's 4-hour cycle K-line shows a shrinking upward trend (as of 6:15 AM ~ see screenshot). After breaking the neckline resistance at 108483 with increased volume at 8 PM last night, the price surged to the right shoulder resistance level of the head and shoulders pattern at approximately 109641 for adjustment. Currently, the volume performance is not good, so do not blindly chase high prices. The support levels indicated in the screenshot can be considered for long positions or spot trading entry;
2. Bitcoin's daily, medium, and short cycle trend indicators resonate with a bullish trend. Future prices are expected to continue rising, and short-term operations should buy on dips;
3. Bitcoin's 4-hour MACD indicator shows a dynamic golden cross pattern (floating on water). The price is expected to continue rising, and short-term operations should buy on dips. When the price on the smaller timeframes (15 minutes, 30 minutes) retraces to the EMA60 moving average, double bottom, and key neckline support levels, that will be the best opportunity to enter long positions 🥰 (Please set stop-losses and secure your seatbelt and implement protective measures with three strategies for getting out of a position ~ there are teaching courses) {Contract Thinking};
Spot trading thinking: Price retracing to the important support levels indicated above can allow for light long position entries {Spot Thinking};
Investment carries risks, and caution is needed when entering the market. The above analysis,
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