July 1: BTC/ETH Market Analysis and Trading Strategies

BTC Trend Analysis:

The 4-hour level shows a bearish signal, currently within a descending channel, with short-term support around 106000.

Yesterday, the support at 106500 triggered a rebound but could not sustain; if it effectively breaks below 106000 today, the downward space will open up to the 103000-104000 range.

The target for the descending channel can be seen near 96000, and attention should be paid to the breakthrough of key support levels.

Trading Suggestions:

If rebounding to the 107000-107500 range meets resistance, consider lightly shorting, targeting 106000, and holding on a break.

If it directly breaks below 106000, follow the trend with a short position, aiming for 103000-104000.

ETH Trend Analysis:

Strong resistance at 2520, with multiple failed attempts to break through, and a clear high-low structure on the daily chart.

Recently, frequent wicks indicate insufficient bullish momentum; if BTC breaks down, ETH will accelerate to test the 2400 support.

Once 2400 is lost, the downward target looks towards the 2200-2300 range.

Trading Suggestions:

The area around 2520 remains an ideal entry point for short positions, with a stop loss set above 2550, targeting 2400.

If it breaks below 2400, consider following the short position down towards 2300.

Trading Mindset Reminder:

Maintain patience amid market volatility; do not rush due to short-term profits, nor panic due to temporary losses.

Wait for high-probability opportunities, strictly manage risks, and only then can steady returns be achieved.

Adhere to discipline, and in the end, the market will reward calm traders. #下一任美联储主席人选 #美国加征关税