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The crypto world happened early on 2025.7.11 Friday 5️⃣


Analyze the market trend 🖥 forecast future trends

Bitcoin and Ethereum trend analysis, wealth codes, long and short ambush points...

BTC 4-hour K-line support and resistance:
Resistance level: 1️⃣1176192️⃣119371 vicinity
Support level: 1️⃣1145732️⃣112780 nearby

ETH 4-hour K-line support and resistance:
Resistance level: around 1️⃣30272️⃣3148
Support level: 1️⃣28792️⃣2788 nearby

Technical analysis:
1. Bitcoin's 4-hour K-line shows a significant increase in volume (as of 6:43 AM – see screenshot). Bitcoin is influenced by positive market news (institutions are buying large amounts of Bitcoin and Ethereum). At 5 AM, the price reached a new historical high of $117,500. Currently, it is facing a correction due to a divergence at the 2-day cycle top. Do not blindly chase the highs; consider entering long positions or spot purchases at the support level marked in the screenshot.
2. The Bitcoin daily chart shows a convergence of medium and small cycle Gu Bi trend indicators, indicating a bullish trend. For short-term operations, buy on dips; the 2-day KDJ indicator is in the overbought area above 80, indicating a muted upward space, and prices are expected to continue rising in the future.
3. The MACD indicator on the 2-day line for Bitcoin is showing a top divergence pattern. Please be cautious of the risks brought by price corrections. For short-term operations, consider buying on dips. When the price on smaller time frames, such as the 15-minute and 30-minute K-lines, corrects to the EMA60 moving average, double bottom, or important neckline support levels, this is the best opportunity to enter long positions 🥰 (Please set stop-losses, buckle up your safety belt, and take protective measures with the three strategies to mitigate losses - there are teaching courses) {Contract Thinking};
Spot trading mindset: When the price pulls back to the important support level marked above, you can place a light long position to enter the market {spot mindset};

Investment carries risks, and one should be cautious when entering the market. The above analysis is for reference only! Everyone can also make corresponding allocations for mainstream coins, sub-mainstream coins, and altcoins based on the correlation effects of Bitcoin!

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The plan of the day lies in the morning💰
Follow "crypto world early happenings" 🥇 watching the market to earn money easily 🥰
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#BTC
#ETH
#Market Trend
#Crypto world has already happened
#Crypto world Market Report Analysis
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