7.25 Market Analysis


Right now, we’re waiting for the market to move out clearly; mainly observe. If it breaks down, short directly in line with the move. For details, see Chart 3. Recently this market keeps toying with people—there aren’t any good spots to open positions, so keep waiting~
$BTC

1. Market situation: It broke below support at 64679. The current area is being held by 63758 + the lower edge of a triangle; the hourly double bottom needs to hold above 64679 to confirm.

2. Trend breakdown:

Hold 63758: Range 63758-64679 consolidates; there’s still a chance for an upward push later

Break below 63758: The range structure breaks; the first target is 62593. Only if it breaks 61672 will the hourly long-term trend be completely over

3. Trading conditions:

With volume, break and stand above 64319 to chase long; target 65090-65781

With volume, break down below 63758—if the rebound can’t get back up, don’t chase; consider short only after failure to reclaim

4. Key levels
Resistance: 64319, 65090, 65781
Support: 63758, 62774, 61688

$ETH

1. Short-term operations

With volume, break above 1866 to chase long; target 1895-1915

With volume, break below 1853 to chase short; if the 4-hour level is broken, look at 1825-1800

After a pullback to 1803 and stabilization, you can lightly go long; stop-loss 1777

If 1915 faces resistance, you can short; if it breaks 1956, stop-loss

2. Left-side orders pre-position: Buy at 1752; if it breaks below 1712, stop-loss

3. Key levels
Resistance: 1866, 1895, 1915
Support: 1853, 1803, 1777#纳斯达克100录得三月来首次连周下跌
BTC-1.74%
ETH-1.43%
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