#趋势交易策略 Thursday, July 10, 2025

Last night, Bitcoin strongly broke through the previous high of 112036, causing the market to boil. Currently, Bitcoin is in a small-scale top consolidation phase, with both bulls and bears engaging in fierce competition. For altcoins, every move of Bitcoin can affect the entire market, so it is essential to closely monitor its trends. If Bitcoin continues to consolidate, funds may flow into altcoins, leading to a rebound trend. However, such rebounds often come quickly and leave just as fast, so investors should adhere to the principle of quick entry and exit, taking profits as they arise. Once Bitcoin experiences a correction, altcoins are likely to suffer significant losses, and at that time, one should decisively sell to preserve capital. After all, in the cryptocurrency market, it is quite common for a top to be followed by a correction, and one should not harbor any illusions.

From the daily trend, Bitcoin needs to focus on the key support level of 110500. As long as this level holds, the short-term trend remains strong, and the bulls still have the momentum to push higher. The pressure above is concentrated in the previous high area of 112000; if it can break through, it will open up new upward space. Conversely, if it effectively falls below 110500, it may trigger a 2-hour level correction. The support below is sequentially focused on the areas around 109685 - 108685 - 107440.

After reaching a new high, everyone needs to remain cautious and not blindly chase the rise. One should patiently wait for a correction or consolidation confirmation signal before looking for suitable entry opportunities. If unfortunately, it falls below 110500, one can take a light short position, targeting around 109600, and lock in profits in a timely manner to avoid risks.