【Market Outlook on July 15, 2025 $BTC $ETH #CPI数据来袭 】
Today, Bitcoin dropped from a high of 123,000 to 116,000, a decrease of about 7,000 points, while Ethereum fell from a high of 3,083 to 2,930, a drop of about 150 points. It remains in a high volatility range. The main news in the market is the transfer record of an ancient whale address. On-chain data shows a transfer of approximately 40,000 coins valued at 5 billion dollars to the largest over-the-counter trading platform, Galaxy, which can be interpreted as over-the-counter trading. Although there is no significant bearish news, this information still instills a bit of panic in the market. Consequently, Bitcoin and Ethereum are now less of a concern for me regarding CPI, and it’s better to continue with a low long position. Where to go long depends on everyone's understanding of the market!
In the spot market, continue to pay attention to: SOL, XRP, DOGE, which can be considered for gradual entry.
From a technical perspective: The daily Bitcoin chart shows that the previous K candle has an upper shadow, with a retracement at the day's opening. This wave of increase has temporarily entered a retracement adjustment, and the Bollinger Bands are in an opening state, with the short-term moving averages trending upwards. Currently, the market is testing the 7-day moving average. Overall, this retracement is somewhat expected, as indicators need to be corrected after a surge. So, in the short term, it’s important to watch out. After the indicators are corrected, if the support test is effective, a rebound can be anticipated, but also be wary of violent wash trading. Try to observe before re-entering in the short term.
Ethereum's short position today at 2,934 has yielded some space, reaching a high of 2,995, close to 60 points. I have also alerted friends about entering the long position. Technically linked to Bitcoin, currently, the market is testing the 4-hour support, but it has not broken down. The buying power below remains strong. Just keep an eye on me for the short term; I'm about to make a killing!
Bitcoin 4h support: 115,974 Resistance: 118,950
Ethereum 4h support: 2,918 Resistance: 3,030
Today's Fear Index: 72 (Greed) 4-hour long-short ratio: 51.1% / 48.9%
Today's Hot News:
🪅 Besant: Powell should step down from the Federal Reserve Board at the same time he resigns as chairman in 2026.
🪅 US Treasury Secretary: The formal process for Powell's successor has begun.
🪅 NYSE approves ProShares Ultra XRP ETF.
🪅 US CPI Outlook: If June CPI data is milder than expected, the Fed is expected to cut rates in September.
#比特币巨鲸动向