$BTC 7.25 Friday Early Morning Bitcoin and Ethereum Latest Market Real-Time Analysis and Trading Suggestions
Don't let short-term fluctuations disrupt your strategy; true legends are not born in calm waters—they always take root amidst the ups and downs, accumulating strength through the interplay of rises and falls. Looking back at Thursday evening, Bitcoin rebounded directly to the high point of 119469 after a slight pullback to the low of 117773; Ethereum's trend was similar, testing upwards from the low of 3612 to near the high of 3771 before facing pressure and retreating. Qianyu's daily strategy was released in advance, and on Thursday, Qianyu accurately predicted the market again, capturing over 6500 points in three long and two short positions on Bitcoin, while Ethereum mirrored Bitcoin with three long and two short positions, capturing 504 points!
From the current market perspective, the daily level has formed effective support in the short term. When Bitcoin rebounded to the high of 119469, it encountered resistance at the upper boundary of the previous fluctuation range, while the RSI indicator on the hourly level rose above 70, entering the overbought zone, leading to a temporary exhaustion of bullish momentum, causing the price to encounter resistance and retreat. Currently, attention should be paid to the support strength at the 119000 level; if it can hold, the upward oscillation may continue; otherwise, a pullback near the short-term support of 117000 may occur. In the early morning operations, Qianyu provided a strategy for low longs, and if the rebound fails, a change in strategy will be needed.
Friday Early Morning Strategy:
Bitcoin long near 118500-118000, target looking at 120000.
Ethereum long near 3700, target looking at 3800.