July 7th, #美国加征关税 7 Day Trading Ideas
BTC Brothers, good afternoon everyone! Today is Monday, after two days of boring weekend trends, there was volatility starting in the early morning, suddenly spiking to 109700 before pulling back! This morning, I also mentioned the entry points to the fans! Currently, there is a huge amount of shorting funds waiting to be cleared above, while bulls are struggling to support below! Now let's analyze it in conjunction with last week's candlesticks: if it breaks below 105000, the bears win! If it breaks above 110480, the bulls win! We small retail investors can only follow the market trend for trading! But we can also start to position for shorts! The resistance levels above for Bitcoin are 110480, 111960, and new highs! As long as the position is controlled well! Enter short with 1%-2% of the position! The risk-reward ratio is very high! Returning to the market, if the 4-hour level pullback does not break below 108500, the market still looks for a rebound! The resistance ahead is at 110480, 111500! Either it breaks through to create a new historical high! If the 4-hour level pullback breaks below 107700, exit long positions! Reverse to short, with support levels below at 107200, 106500, and 105500! If it breaks below 105000, this round of rise to 110000 will end!
ETH Ethereum also followed with a wave of increase, spiking to 2600 before pulling back. Around 7 AM this morning, I told the fans that they could continue to enter long positions at the pullbacks of 2550 and 2530! Resistance levels ahead are 2600, 2635, and 2660! Pay attention to entry for short positions! Ethereum likes to spike! Everyone be careful! If the 4-hour level pullback breaks below 2530, the strength of this rebound will be very weak, with support levels below at 2480, 2450, and 2430!
SOL Solana also surged strongly along with Bitcoin, pulling back around 150 in the morning before continuing to rebound.
Long idea: You can enter long positions in the range of 150 and 151! (Stop loss at 150)
Short idea: 155, 158, 160$BTC