#山寨季何时到来？ July 17th Early Morning Trading Ideas
BTC Hello everyone, good evening! Sorry for not updating during the day today due to some matters, I apologize! I have been keeping an eye on the market today and continuously making short trades. Ethereum has also been very strong, consistently rising, reaching a high point of 3265! Bitcoin has been trying to break through the critical phase of 120000! I have repeatedly mentioned in previous posts that 120000 is a key price! Only by breaking through can we continue to reach new highs, at least we can aim for a secondary peak!
Back to the market, during the night, if Bitcoin rebounds and stabilizes above 120000 and 120550, the market continues to look bullish! The upcoming resistance levels are around 121880, 122000, and 122500, so keep an eye on short positions! The stop loss is at 123300! If the 4-hour level rebound fails to break above 120000, the market continues to look for a pullback, with support levels around 118500, 117700, and 116500! Long positions should continue to wait for entry! If it breaks below 115600, then the previous rebound will temporarily end! The bullish momentum will weaken! The market will decline to fill the gap! Support levels below are around 113800 and 111800! Long positions are waiting for entry!
ETH As long as Ethereum stays above 3000, there will be a chance to challenge the price of 3500! This is my personal prediction! However, the market progresses step by step, it won't just break through immediately, today it also reached a new high! If the 4-hour level pullback does not break below 3200 and 3188, the market continues to look for a rebound! The upcoming resistance levels are 3265, 3288, and 3300! There is also considerable resistance above! Short positions should pay attention! If it breaks and stabilizes above 3300, there will be a great opportunity to challenge 3500! If the 4-hour level pullback breaks below 3188, the market continues to pull back, with support levels around 3115, 3088, and 3050! Long positions should pay attention for entry!
SOL Solana has also been brought up! It is currently in a bullish trend! The upcoming resistance level is still 171, if the 4-hour pullback does not break below 165! The market continues to look for a rebound, with resistance levels at 171, 175, and 178! Short positions should pay attention to entry! If it pulls back and breaks below 165, then the market continues to pull back, with support levels at 160 and 158! Long positions should pay attention for entry!
Whether it's a one-sided bullish market or a bearish market, there are opportunities to trade and earn! Follow me! I will provide trading tips in the group!