2025.7.18 9:07 AM BTC/ETH Market Analysis
After waking up, ETH has increased by another one or two hundred dollars, leading the market to continue its surge. Last night, 3.8 billion CNY vanished, and 140,310 people went bankrupt to zero. This week, most of the shorts were eliminated. An old friend said it well this week: "When the market is bad, keep going long; when the market is good, keep going short." It's really time to reflect and summarize why I always go against the market!
BTC Focus
Support 116411/112000
Resistance tentatively set at 130800
At this moment, the key level is 119200, with basically no resistance level; the sky is the limit, and new highs may be born at any time. You may not go long, but you absolutely cannot go short!
ETH Focus
Support 3185/3068
No current resistance
Directly from yesterday's first key level of 3354 to the current 3585, there is another space of over a hundred dollars. Recently, ETH has become the market's hot commodity. Hold onto your cheap chips; you can reduce your position, but you absolutely cannot liquidate everything. If you don't have the patience to hold now, when will you have the patience?
In terms of operations: As I've said, for those who have just stabilized and broken through ma30/ma60, enter and hold. For those stabilizing at ma120, seize the opportunity to enter during a pullback to ma120, and give at least 15-30 days to see if it can touch ma250 for large-scale growth!
In contracts, keep a close eye on SOL/LTC/TON and small-cap altcoin spots with small funds!