July 14th
"BTC Market Analysis" + "Today's Crypto News"
Currently, BTC maintains a high position and continues to reach new highs, with longs being dominant, primarily in long positions. The resistance level is at 123827, and the key support levels for the four-hour time frame are at the first support level of 119730 and the second support level of 117846. Currently, all levels are in a strong bullish zone.
Short positions need to wait for key confirmation:
• If it effectively breaks below 117714 and closes on the daily below this level, it can be seen as a short-term weakening signal, with support below at 111682; breaking this level could signal the start of short positions.
• Continuously breaking historical highs, short positions need to strictly control their position size, pay attention to profit-taking rhythm, and high positions have cost-effectiveness for pullbacks, but need to be judged in conjunction with market momentum.
📊 Market Data Briefing:
• Past 24h total liquidations: $270 million
• Total open interest across the network: $181.66 billion
• Total trading volume across the network: $245.23 billion
🧨 Cherish life, stay away from heavy contract positions!
📰 Today's Top 10 Crypto Events:
1️⃣ Bitcoin hits a new historical high
2️⃣ Over 50 companies in Hong Kong intend to apply for stablecoin licenses
3️⃣ MoonPay executive mistakenly transferred $250,000 to Nigerian scammers
4️⃣ The "insider whale" FARTCOIN short position has increased to $18.58 million
5️⃣ The 1inch team investment fund sold 904,000 1INCH at an average price of $0.33
6️⃣ The PUMP project team transferred a total of 20.15 billion tokens to various exchanges in the past 2 hours
7️⃣ Vitalik: AI has the capability to take over the cryptocurrency crown in a matter of weeks
8️⃣ MoonPay executive mistakenly transferred $250,000 to Nigerian scammers
9️⃣ The Governor of the Bank of England opposes banks issuing stablecoins, advocating for the development of digital deposits
🔟 Tokens such as TRUMP, ARB, SEI will see large unlocks, with TRUMP unlocking a value of approximately $878 million
