From a technical perspective, various technical indicators for Bitcoin are also changing. Some key support and resistance levels are being redefined. Currently, the position of 118,000 has become the new short-term support level. As long as it can hold, Bitcoin may continue to rise. However, there is also significant pressure above, with previous highs and round numbers potentially becoming obstacles in its upward path. Next, it remains to be seen whether Bitcoin can break through the resistance level of 119,000. If it can successfully break through, a new round of upward movement may be on the way; if it cannot break through, it may continue to oscillate within this range.
Operation Suggestion: Bitcoin can be traded in the range of 119,000-119,600, targeting the range of 120,000-121,000.
Altcoin can be traded in the range of 3,120-3,080, targeting the range of 3,150-3,180. #比特币
The cost basis heat map shows that investors heavily intervened during the downturn, accumulating approximately 196,600 BTC between 116,000 and 118,000. This added over $23 billion in value near the local peak, indicating strong confidence and potential further upside. #比特币
Already reversed too much, correct the direction in time, and the returns are still good.
领航者 赵师
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Don't go against the trend, current price 117000 continue to short, focus on 116000-115000, go with the flow, going with the flow doesn't mean lacking opinion, it means understanding how to leverage the trend to save effort; every step taken less is a respect for the trend #比特币
Why do you always lose money in the trading market? Because you never treated trading as a "profession"! In the end, it's not about the market conditions, nor is it about a shady platform; it's that from the very beginning, you never viewed trading as a job. You treated trading as an emotional outlet. When the market rises, you are ecstatic, and when it falls, you curse. When your account goes up, you immediately take a screenshot and share it; when it retraces, you blame everything around you: the data, the delays, your phone lagging, but you never reflect on yourself. #比特币合约 #以太坊ETF
BTC, under the influence of ancient whales, has put pressure on the market, allowing ETH to take an independent path, which is both a good thing and an opportunity. ETH has rarely shown strength, daring to lead the rise independently when BTC was probing lower, while BTC whales realized 4.7 billion at high positions, absorbing selling pressure amid market panic. In simple terms, everyone is afraid that whales will sell a large amount of BTC, causing a significant drop in the market, so the market pressure is on ETH #比特币巨鲸动向 #比特币 #Ethereum
Don't go against the trend, current price 117000 continue to short, focus on 116000-115000, go with the flow, going with the flow doesn't mean lacking opinion, it means understanding how to leverage the trend to save effort; every step taken less is a respect for the trend #比特币
From the perspective of short-term trends, Bitcoin still has the momentum to continue rising, and the upward trend at the daily level has not yet ended. Therefore, a bullish strategy should be maintained until a clear top signal appears.
This rise at the 1-hour level has increased from 107,429 points to 123,300, with a growth of 15%, showcasing the characteristics of a main upward wave. Currently, it is unclear whether this level of rise has ended, and there is the possibility of further extension, with no significant pressure above. The upward space is dominated by market sentiment, so it is not advisable to attempt to short at this position. #比特币走势分析
It is expected that there will be a short-term pullback to around 118,000-117,000 points, and a deeper correction is difficult. If the price can hold above 118,500, it is expected to continue to attack, and attention can be focused on the range performance of 124,000-126,000 points.
Repeated tests of the upper resistance level at 3075 have failed to break through, overall still a strong bullish trend. Long positions can wait for a small level pullback to around 3005 to build a position. The market will only pull back if the four-hour level breaks this position, meaning that as long as the four-hour level does not break below 3005, the market remains in a bullish trend. #比特币合约
July 10th Big Pie Looking back at the previous several daily-level rises, the market has experienced over a 10% correction each time after reaching new highs. Combining with the 4-hour chart, the solid solar column presents a full shape. The ratio of Big Pie to Ethereum faced some constraints when it surged to the upper track, but fortunately, the support points below are stable enough. In the short term, we can pay attention to whether the current range points can break through new highs again. If the breakthrough is successful, the upward trend will further expand, while also needing to pay attention to the strength of the correction below. Once the ratio breaks below the strong support point, we will look for opportunities to set up high short strategies.
Operation Suggestions: Big Pie at 111000, target range 111700---112000 for flat position, suitable data反箜#比特币合约 #比特币
Today's high-altitude strategy is fully in place, first the broadside then the kite, achieving dual-direction meat acquisition, those with strong execution have already eaten meat #比特币合约
Although whales moved out more than 80,000 BTC (approximately $8.69 billion), it did not enter the market, affecting the market. It is speculated to be related to hackers, and it is estimated that sales will occur OTC, but potential risks still need to be monitored. Bitcoin Trading Recommendations Trade within the range of 109400-109800, with a target down to 107500, around 107000. For the short term, choose to control the downward trend, and if it stabilizes above 108600, adjust accordingly.
In the early morning, the market fluctuated violently. The price of Bitcoin briefly touched around 109,000, but due to the selling pressure above, it failed to stabilize effectively and then began a pullback, dipping to a low of 108,200. This support level showed strong buying power, and the price quickly rebounded to around 109,700. As of now, it has risen back to around 109,000. From a technical analysis perspective, although the price briefly surged, it could not sustain itself. Currently, the price is above the middle track; however, the pressure from the upper track is significant, and there is a potential trend for the price to retract to the middle track, narrow the range, and break downward. Considering the current market sentiment and the performance of the technical resistance levels, it is recommended that investors maintain a trading strategy focused on short positions, closely monitoring the breakout of the resistance level above and the critical support level below. Bitcoin Trading Advice Trade within the range of 108,600-109,500, targeting a drop to 107,500 or near 107,000. If it breaks below, continue to look downward. Ethereum Trading Advice Trade near 2,580-2,620, targeting a drop to 2,500 or near 2,450. If it breaks below, continue to look downward. If the target is reached, consider attempting a reversal. #比特币