2025.7.15 10:34 AM BTC/ETH Market Analysis
Last night, 4 billion CNY vanished into thin air, 126,753 people went bankrupt to zero. The first wave of BTC hit a low of 119,200 and rebounded to 120,510, barely a 1,000 USD recovery space. The second wave is currently near 117,500, with a critical support level closely watching 116,411;
The first wave of ETH hit a low of 2,995 and rebounded to a maximum of 3,031, barely a 30 USD space. At this moment, the second wave is at a low of 2,953, currently attempting to build a bottom (5-minute ultra-short line) in progress, within yesterday's second aggressive range of 2,945-2,955!
The only thing last night was that we reached our aggressive position with volatility, giving opportunities to exit. Currently, there's a demand for a 5-minute ultra-short line bottoming and rebound. Remember, this is not a time for positioning; high levels are stagnating, so one can only enter and exit quickly! The current volume is slightly smaller than last night's, but still acceptable!
BTC Focus
Support 109,500/112,000
Resistance 130,800
The key levels now are 119,200/116,411; pay attention to the gains and losses throughout the day, and take action based on the strength!
ETH Focus
Support 2,851/2,788/2,719
Resistance tentatively at 3,100
The key levels now are 2,788/3,000/2,912. Those who are familiar know that just the day before yesterday, 2,912 was still a good long opportunity. Don’t always fantasize about eating both long and short; being able to catch a single direction in the market is already impressive!
In terms of operations: Besides spot trading, you can start looking for opportunities to gradually lay out small to medium-term positions. At this moment, the contract prices can only be lightly traded quickly in and out for a quick profit!
