2025.8.1 Daytime Market Analysis



This week, the volatility of Bitcoin is about to end, and there is no expectation of interest rate cuts in macro news this year... The daily chart of Ethereum is at the end of a concluding market.
Idea: Slowly run short positions, with short-term support for long positions, and deeply look for a pullback to 110,000 for Bitcoin...
On that day: Bitcoin continues to look volatile, currently not pursuing short positions in the actual market... The rotation of cryptocurrencies, if Bitcoin can hold steady in the 115000, 114000 range for a long time, there will be some upward movements in the top 10 by market capitalization【BCH-XRP-TRX-ETC--UNI】... There will be a period of rotating gains... Wait for the adjustment at the beginning of the month to be in place before restarting Bitcoin...

Resistance levels: 3740, 3810, 1171000, 118300
Support levels: 3550, 3430, 112000, 110800

Ethereum today: dropped to the support level and is slowly moving up, current price is above 3680 for long positions, add or enter at 3660, 3650 for long positions... stop loss at 3630, take profit at 3760, 3780.
3760, 3780 short position observation zone. It would be better if it can reach 3820-3810. Take profit at 3650, 3660, and the second defense to prevent a deep pullback to 3580, 3550.

On the day of Bitcoin: There is a possibility of a large-scale pullback to short, no pattern for long positions, the current price of 115100 may rise a bit, take profit for long positions at 117200, 118200.
Observe the short positions at 117200 and 118200...【The long positions have fully retreated this time...】Take profit at 114500, 115100, 113200, 110300.

Combine live streaming with technology, pay attention to position management, for reference only.
#btc# #eth#
BTC0.86%
ETH2.07%
BCH2.87%
XRP1.84%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)