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📅 July 3, 7:00 – July 9,
Grasp the trends of the crypto world and master the entry points for trading.
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Bitcoin and Ethereum Intraday Trading Strategies:
In the intraday market, the first focus is on the resistance level around 108,500 points. As long as it can effectively break through the resistance level of 108,500 points upwards and maintain above this level, it will continue an upward trend. The next resistance levels to watch are around 109,000 points and 110,500 points. After breaking through, pay attention to the resistance levels around 111,400 points and 112,000 points. If it can effectively break through the previous high around 112,000 points today, it will initiate a continuation of the upward trend. The upper resistance levels to watch are 114,000 points and higher targets. Conversely, if it cannot effectively break through 112,000 points upwards, a downward bearish trend will emerge.
Conversely, as long as it can effectively remain below the resistance level of 108500 points during the day, it will continue to show a downward retracement trend. First, pay attention to the support levels near 108000 points and 107500 points, then focus on the support levels around 107100 points and between 106500 to 106300 points. In the later stage, as long as it can effectively maintain above the support level of 106300 points, the bullish outlook will remain unchanged. If it breaks below the support level of 106300 points, then pay attention to the support levels around 105100 points, 103000 points, and the key support level of 100300 points.
"Daily Trading Suggestions for Bitcoin: Short near the resistance levels of 108500 and 109000 points, with a stop loss above 109200 points,"
Buy near support levels of 108000, 107500, and 107100 points, with a stop loss at 106940 points.
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Ethereum intraday first focuses on the resistance level near 2555 points. As long as it can effectively break through the resistance level of 2555 points and maintain above 2555 points, it will continue its upward trend. The next resistance levels to watch are 2605 points, 2615 points, and 2635 points. After breaking the resistance level of 2635 points, focus on the resistance level around 2655 to 2680 points, and then pay attention to the resistance levels near 2750 points, 2820 points, and 2880 points.
Conversely, as long as it can effectively maintain below the resistance level of 2555 points during the day, it will continue to show a downward retracement trend. First, pay attention to the support levels around 2500 points and 2475 points. If it breaks below, then watch the support level around 2430 points, and then focus on the key support levels around 2380 points and 2365 points.
"Ethereum Intraday Trading Recommendations: Short near resistance levels of 2555, 2585, and 2605, with a stop loss at 2618."
Buy near support levels of 2500 points, 2475 points, and 2430 points, with a stop loss at 2418 points.