Good news is exhausted, beware of the risk of a pullback, medium to long-term opportunities are coming! 7.12 Bitcoin Auntie's Strategy
US stocks have continuously broken through to reach new historical highs, while Trump directly boasts that it is due to his achievements. The continued rise of US stocks may inadvertently pave the way for tougher tariffs — Trump has always regarded financial indicators as a measure of policy success. Conversely, a market downturn may force the government to retreat, similar to the rare combination that appeared after the tax increase on April 2: a weakening dollar, treasury bond sell-off, and stock market decline. The latest tariffs will officially take effect on August 1. We will wait and see what kind of reaction this will provoke!
From a technical perspective, the daily line once again closed positively in the morning, but with a long upper shadow. The price is operating above the upper track, but the lower track has not opened. The KDJ three lines have a golden cross and are diverging upwards, with all three lines in the overbought zone. The MACD dual lines are continuing to diverge upwards, and trading volume has significantly increased. The daily bullish momentum is strong; however, the indicators have a strong demand for a pullback! The upper pressure levels to watch are 119000 and the 120000 mark, while the lower support levels to watch are 116000, 115000, 113000, 112000, and 110700.
7.12 Bitcoin Trading Strategy: Aggressive traders should enter long positions on pullbacks at 114500-115000, while conservative traders should enter long at 112500-113000, with a stop loss below 112000. The target is to look for 116000-116500-117000 nearby; if broken, then look for around 117500-118000, and continue to move the stop loss to protect profits based on the situation!
On days of sharp rises, one can look for pullback opportunities. On a rebound to 118000-118500, short one contract, with a stop loss around 119000. The short-term target looks at 117000-116500-115000 nearby, the medium-term target looks at 114000-113500-113000 nearby, and the long-term target looks at 112500-112000-111500-111000 nearby.
7.12 Ethereum Trading Strategy: Aggressive traders should buy on pullbacks at 2870-2900, with a stop loss around 2850. The target looks for 2950-2980-3000 nearby; if broken, then look for around 3030-3050, and continue to move the stop loss to protect profits based on the situation!
On the day of the rebound, short one contract at 3000-3030, with a stop loss around 3060. The target looks for 2970-2950-2930 nearby; if broken, then look for around 29000-2870, and continue to move the stop loss to protect profits based on the situation!
The market has surged continuously to reach new historical highs, but altcoins have not yet touched their previous highs. So don't fantasize about an altcoin season. Last year, before Trump took office, so many were stuck at the peak; do you think the operators will give them a chance to break even? #BTC再创新高 #ETH突破3000 #美国加征关税