Crypto Circle Li Ying: 7.25 Bitcoin Strong Positioning, Future Breakthrough Success or Failure Just a Step Away! Is Ethereum's Bearish Position a 'Head-On Blow' or the Starting Point of a Rebound? Latest Market Analysis
Current Bitcoin Price 118400, Li Ying finds that Bitcoin has entered a phase of oscillating upward, fluctuating between important resistance and support levels, but overall momentum is weak, and market sentiment is relatively neutral. Various indicators' analyses show that the market is still in a state of uncertainty, so in the short term, Li Ying sees market trends tending towards oscillation, with a possibility of slight rebound opportunities, but the probability of significant upward or downward movement is low. Attention should be paid to whether prices break through the key range of 119450 resistance or 117800 support. Finally, Li Ying suggests that short-term cryptocurrency friends focus on price fluctuations in the key range of 117800 and 119450, with range trading being advisable, buying low and selling high, but please set strict stop-loss below 117750, and pay attention to position control, as current market momentum is insufficient, making false breakouts or rapid pullbacks likely, thus large position operations carry significant risks.
Point Prediction
Long Entry Point 117500, Add Long at 116500, Stop 500 Points, Target 119000
Short Entry Point 120000, Add Short at 120500, Stop 500 Points, Target 117500
Ethereum Analysis
Current Ethereum Price 3735, Li Ying finds that Ethereum's current price is in a phase of oscillating consolidation, with the overall trend in an upward channel but facing key point selection. Combining K-line patterns and indicator analysis, the market shows certain signs of bullish and bearish struggles, so in the short term, Li Ying sees prices forming a bullish arrangement above EMA7 and EMA30, indicating a trend towards further upward movement. However, one should be cautious of the pullback risks in the overbought area, as bullish momentum may be suppressed by key resistance levels. Finally, Li Ying suggests that the current market is in an important directional choice phase, and investors may adopt a 'buy on dips' strategy. If prices pull back to the EMA120 or BOLL lower band area and maintain support, one could attempt to build positions in batches; if prices break through the recent resistance level of 3855, consider increasing positions to follow the bullish trend. However, if a rapid pullback occurs, breaking below EMA120, one should decisively reduce positions and wait for the trend direction to clarify before re-entering.
Reference
Long Entry Point 3650, Add at 3600, Stop 30 Points, Target 3740
Short Entry Point 3800, Add at 3850, Stop 30 Points, Target 3700