Analyst Chen Shu: 7.17 Ethereum strongly rises, follow the continuation strength, midday Bitcoin and Ethereum market analysis strategy.

Bitcoin from the daily chart perspective, yesterday closed with a small red K-line, overall maintaining a high-level fluctuation. The short-term support still focuses on the MA10 daily moving average at 11.65. Looking at the 4-hour chart, the short-term mainly fluctuates around the MA30 daily moving average at 11.85, paying attention to whether it can break through and stabilize above this level. It is expected that the short-term will mainly be characterized by narrow fluctuations, waiting for non-Bitcoin coins to continue to rise, and first focusing on the breakout situation in the range of 11.85-11.65.

From the daily chart of Ethereum, yesterday's daily line closed with a large bullish candle, breaking through to the high point of 3450. In the short term, it has been continuously rising strongly, with the upper resistance level to focus on being 3530. To determine whether the trend remains strong, pay attention to whether it holds above the 1-hour MA5/10 daily moving averages and the 4-hour MA5/10 daily moving averages. If it pulls back without breaking these levels, it will continue to consolidate and rise; conversely, if it breaks below the MA5/10 daily moving averages, it will undergo a short-term pullback adjustment.

Midday operation ideas (written at: 15:30):

BTC: 11.7 more, pull back to 11.6 to increase long positions, target 11.8/11.9; 11.9/120,000 short look for around 2000 points.

ETH: over 3380, add long at 3330 on the pullback, target 3430/3500; short positions follow Bitcoin synchronously.

Daily analysis strategy has a very high win rate! Analysis is not easy, I hope everyone can click to follow, collect, like, and comment for free. Thank you all, and feel free to leave comments below for discussion, I will reply one by one #Gate 2025 Q2报告出炉#