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Market Analysis on July 25
Bitcoin has broken below 116,000 USD, breaking the range-bound fluctuation that lasted for half a month, ultimately leading to a downward trend. Ethereum touched a low of 3,500 USD yesterday and quickly rebounded to 3,770 USD. Today, affected by Bitcoin, it has once again dipped to 3,600 USD, showing that the bullish forces for Ethereum are still holding strong and reluctant to give up on the surge. However, the recent trend change for Bitcoin seems to have been established, making it difficult for Ethereum to perform well in the short term. If there is an opportunity for a counterattack, one should consider exiting! The ETF-related cryptocurrencies are also affected by Bitcoin's volatility, having retraced significantly from their highs in the short term. Therefore, those who have low-position chips and haven't exited can wait for a rebound to sell. For those who exited at high points a few days ago, today presents a small opportunity to bet on a rebound.
Today's Strategy
Buy Bitcoin at $115,500, sell between $116,600 and $118,200 to $119,350.
Ether has low-priced chips to exit between 3720 to 3770 USD, no chips are on standby.
All eft continuation currencies can be bought at the current price, aiming for a rise of 5 to 10 points before selling!
Spot intraday order, invalid upon expiration, waiting for the next new strategy.
(Note: The above analysis does not constitute investment advice, as the market is constantly changing and strategies should be adjusted dynamically based on real-time data.)
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