July 9th Bitcoin Ethereum Morning Analysis!
Is the market going crazy? Bitcoin is stuck at $108,700-$109,200, and Ethereum is trapped at $2,550-$2,570!
The Bollinger Bands have narrowed to a single line—Bitcoin's upper and lower bands have only $300 of space left, and Ethereum is worse, with a volatility of only $25, turning it into a live long-short meat grinder. The longer the sideways movement, the closer the explosive point!
1. On-chain undercurrents are surging, danger lurks everywhere
1. Whales are hoarding like crazy: Coinbase just transferred out 19,000 BTC, and Ethereum whales purchased 70,000 ETH in one week, signaling strong long-term bets;
2. Retail investors are warned of pitfalls: Binance's perpetual funding rate soared to 0.06%, with massive short positions above $109,500 for Bitcoin, and $2,600 filled with long stop-loss orders for Ethereum—market manipulators are just waiting for tonight's CPI to flip the table!
3. Trump's tariff bomb deferral hides a trap: The global tariffs originally set to take effect this morning have been postponed to August 1, but the old man added that "the deadline is not 100% certain," leaving the market on edge!
4. Historical data slaps back: Last month, a single tweet from Trump caused the market to evaporate 2.8% in one day; if tonight's 21:30 CPI data adds fuel to the fire, a pinning market is definitely going to be painful～
2. Breaking the deadlock, focus on two defense lines
1. Bitcoin: Breakout above $109,200 to chase long positions, targeting $114,000; if it drops below $108,100, open short positions, and a hard bottom of $107,500 will definitely break!
2. Ethereum: Stabilize above $2,570 for a potential rebound, but only a breakout above $2,600 confirms bullish momentum; if it loses the $2,530 support, expect $2,460.
Bottom fishing? Wait for the market manipulators to show their cards! The on-chain alarm has sounded—90% of holders are in profit, and any sudden move could trigger a stampede. Remember: any sideways movement without a volume breakout is just playing tricks! Before the ETF's $100 billion ammunition is in place, holding on is the top wisdom.
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