July 1st $BTC $ETH
The second half of the year 2025 begins, and the Ethereum market continues to look promising.
🚩 Yesterday's news:
🟠 Musk: If the 'Big and Beautiful' bill passes, a new political party will be established the next day
🟠 Trump's official merchandise store now supports TRUMP token payments
🟠 Solana advisor Nikita Bier joins Elon Musk's X platform
🟠 BitMine announces it is conducting a $250 million private financing to launch an Ethereum reserve strategy.
🚩 Yesterday's market:
🔶 Bitcoin: Lowest point 106708 Highest point: 108792 Range 2000 points
🔶 Ethereum: Lowest point 2456 Highest point: 2551 Range 96 points
Yesterday's summary: Ethereum broke through the daily line at 2475 and remains bullish; do not easily short.
🚩 Today's market:
🔶 Ethereum: The daily line stabilizes at 2475, can continue to go long on spot or increase positions, set stop-loss below 2475.
Daily support level: 2475 Daily resistance level: 2657
🔶 Bitcoin: Still in the upper half of the large volatility range above 105000, fluctuations or short-distance declines between 105000-110000 are fine, just hold.
Daily support level: 106000 Daily resistance level: 110000
🟠 Summary: Only go long above Ethereum 2475, Bitcoin holds and observes in the volatility range.