July 10th Bitcoin and Ethereum both break through, how should we operate moving forward?

🚩 Yesterday's News:

🟠 This morning BTC broke through $112,000, ETH broke through $2,700

🟠 Pump.fun will conduct its initial token offering on July 12

🟠 GMX official: confirmed that it was attacked, approximately $40 million in assets stolen

🟠 Strategy announced a $4.2 billion STRD preferred stock issuance plan, funds will be used for Bitcoin acquisition

🚩 Yesterday's Market:

🔶 Bitcoin: lowest point 108,400 highest point: 112,019 range 3,734 points

🔶 Ethereum: lowest point 2,593 highest point: 2,797 range 203 points

Yesterday's Summary: Bitcoin and Ethereum both broke through

🚩 Today's Market:

🔶 Ethereum: after holding the 2745 position, the 2700 position was broken again, just like Bitcoin, we need to wait for a confirmation to prevent a false breakout, wait for a pullback confirmation, if it does not fall back into the range today, continue to go long.

4-hour support level: 2,686 4-hour resistance level: 2,878

🔶 Bitcoin: Bitcoin has broken through 110,000, need to wait for it to stabilize a bit, form a daily candle, and stabilize above 110,000. Even if it stabilizes, the next target is to follow the U.S. stock market and continue to break new highs.

Daily support level: 110,000 Daily resistance level 112,000

🟠 Summary: Bitcoin and Ethereum have broken through previous strong resistance levels, once the market confirms, it can shift from a range to a trending market, the village chief still believes that Ethereum's increase will exceed that of Bitcoin.