$BTC Analysis of Long and Short Positions for BTC/SOL/ETH Contracts on July 7
Yesterday, Bitcoin made another high, and our short position in Ethereum also took a hit of about 40 points. In the current market, as mentioned in the morning post, the weekly average K has already indicated a bullish outlook.
For the position $BTC , today's support for long positions is at 108400 and 107900 below. A one-hour candlestick closing below 107700 will signal the end of this upward movement, and positions should be manually exited after this level is breached. Resistance above is at 110100 and 110900.
For the position $SOL , today's support below is at 149 and 147. A one-hour candlestick closing below 146.5 will indicate the end of this upward movement, and positions can be manually exited after this level is breached, with resistance above at 155 and 157.8.