🔥🔥BTC-ETH Intraday Market Analysis:
Bitcoin is currently oscillating between 115,000 and 120,000, approaching the August 1 tariff node and the Federal Reserve interest rate meeting on Thursday. The market is mostly on the sidelines, waiting for favorable signals from institutions to enter the market.
Core Operation: Long Position at Low Levels
Enter long in the range of 115,000-116,000, with a stop loss at 114,200, aiming for a rebound based on the lower boundary of the range.
Recently, ETH has seen continuous inflow of funds from institutions and ETFs, with obvious contract washout characteristics (daily liquidation of 300-500 million USD), just 200 points away from a new high, with no pressure above after the breakout.
Strategy follows Bitcoin: Light long positions in line with the trend.
Enter in the range of 3705-3750, with a stop loss at 3500, targeting 4000; after breaking a new high, additional positions can be added on the right side to roll in profits.
Altcoins to watch: ENA, UNI, MKR
Tonight, there may be swing opportunities with over 500% returns. Specific entry points will be updated in real-time by Hao in the group. If you want to profit, keep up with Hao's pace, don't miss out!
