The market strategies for Bitcoin and Ethereum on the evening of July 3 are as follows:
Bitcoin broke through the support level of $62,000 yesterday and fell below the $60,000 mark again today, and is currently fluctuating above this level. $60,000 is the key support area for market fluctuations in the near term, and attention should be paid to the performance of this support level in the short term. From the daily chart, the price has fallen below the MA5 and MA10 daily moving averages, and the next step may be to test the previous low of $58,500. The overall trend is relatively weak, and it is recommended to consider shorting during the rebound. Pay attention to the upper pressure level of $62,000, and it is recommended to keep a short position before the price exceeds this level firmly. As for Ethereum, the daily chart shows that $3400-3450 is a strong pressure area. The rebound in the past few days failed to break through this level. At present, it is recommended to take cautious shorting operations before stabilizing this range. At the 12-hour level, the moving averages formed a strong pressure area sticking to $3430. The support below is first to focus on the low of $3240 on the 4-hour chart. Specific operation suggestions are as follows: Bitcoin (BTC): short in the range of $60,500-60,800, with a target of less than $60,000, and if it breaks, look at $58,500. Ethereum (ETH): light position first short at $3,330, consider adding short positions when it rebounds to around $3,350, and the target is $3,300-3,250. In the previous bull market, the wind and clouds are surging, and we will share passwords every day. Again, if you don’t know what to do in the bull market, click on my avatar and check the homepage introduction. Bull market spot planning, contract passwords, free sharing. I need fans, you need references. It’s better to pay attention than to guess #BTC☀ #ETH🔥🔥🔥🔥 #meme板块关注热点 #以太坊ETF批准预期 #Mt.Gox将启动偿还计划
Analysis of typical methods used by dog dealers to manipulate the market
Creating a false impression to absorb chips: Dog dealers first use the method of quickly selling chips to create the illusion that prices seem to fall, and actively absorb more chips at low prices.
Disrupting market confidence: Through high-frequency small transactions, frequent manipulation of price fluctuations but without forming a clear trend, retail investors feel uncertain and sell accordingly.
Price increase: After sufficient chips are accumulated, dog dealers start to buy in large quantities in a planned manner, pushing market prices up rapidly, and may increase trading activity through multi-account operations.
Skillful control of the market: During the price increase process, dog dealers flexibly use funds, fake a high-price sale and actually withdraw orders to maintain the price increase and lure more retail investors to follow suit.
Dog dealers skillfully use the greed and herd mentality of retail investors to cleverly profit at market highs through clever price manipulation and psychological tactics. #BTC☀ #ETH🔥🔥🔥🔥 #meme板块关注热点 #IntroToCopytrading
7/3 Wednesday Market Review of Bitcoin BTC and Ethereum ETH Operation Ideas Over the past two days, Bitcoin (BTC) and Ethereum (ETH) have shown significant volatility due to the impact of the news. On Monday, Bitcoin reached $63,800 but failed to break through, and then continued to decline. The hourly highs gradually decreased, and the bullish offensive was weak. After falling below $62,000 yesterday night, it failed to rebound quickly, causing our long strategy yesterday to fail. However, market fluctuations are normal, and you can still try long operations today. current market conditions In early trading today, Bitcoin fell to as low as $60,600, with the daily chart showing two consecutive negative lines. Although the trend of a small V shape formed above, the decline was mainly affected by the news. Bitcoin is still seeing new capital inflows every day, and the bottom has been gradually consolidated. Therefore, an extremely weak market is out of the question and is more likely to fluctuate widely within the range of $60,000 to $64,000. Bitcoin operation ideas Support and pressure levels Support levels: $60,000 (first support), $58,500 (second support) Pressure levels: $62,500, $63,800 Operation suggestions Long operation: Buy long orders in the area of 60,700-60,400 US dollars, with a target of 61,600-62,000 US dollars. Short Operation: Consider shorting if the pressure test area ($62,000) is not exceeded. Ethereum operation ideas Support and pressure levels Support level: $3250 Pressure level: $3420 Operation suggestions Long operation: Buy long orders in the $3,350 area, with a target of $3,420-3,450. Short Operation: Consider shorting if the pressure test area ($3450) is not exceeded. Summarize Considering the volatile nature of the market, current operations should be focused on the short term and chasing higher prices is not recommended. Focus on support and pressure levels, adopt a robust long strategy, and then consider shorting operations after the price reaches a high. Maintain rational and objective judgment, do not blindly chase ups and downs, and respond flexibly to market changes. rational and objective judgment The above strategies are for reference only. The market is changing rapidly and investment needs to be cautious. Adjust the operation plan according to real-time market conditions to ensure stable profits. $BTC $ETH $SOL #BTC☀ #meme板块关注热点 #以太坊ETF批准预期 #Mt.Gox将启动偿还计划 If you want to know more about the currency circle and first-hand cutting-edge information, click on the homepage profile to join us!Daily market analysis and high-quality potential currency recommendations