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Thursday, July 24, 2025
Daily Trading Strategies for Bitcoin and Ethereum:
The intraday trading strategy for Bitcoin is as follows: First, pay attention to the resistance level around 118700 points. After breaking through, focus on the key resistance level between 120000 points and 121000 points. As long as it can effectively break above the resistance level of 121000 points during the day and maintain a position above 120000 points, the upward trend will continue. The upper resistance level to watch is the previous high around 123300 points.
Conversely, as long as the Bitcoin can effectively maintain below the resistance level of 120,000 points during the day, it will continue to show a downward pullback trend. First, pay attention to the support levels around 118,100 points and 117,400 points, then focus on the support levels around 116,600 points and 115,700 points. As long as it can effectively stay above the support level of 115,700 points, there will still be an upward rebound trend. If it breaks below, then pay attention to the daily support levels around 112,000 points and 110,500 points, as well as the weekly support level around 109,600 points.
"Daily Trading Suggestions for Bitcoin: Short near the resistance level of 120,000 points, with a stop-loss above 121,000 points."
♥Go long near the support levels of 118100 points and 117400 points, with a stop-loss below 117300 points.
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Ethereum's intraday focus is first on the resistance levels near 3650 and 3680 points. As long as it can effectively break through the resistance level of 3680 points and maintain above it, an upward rebound trend will occur. The initial resistance levels to watch above are 3720 and 3750 points. After breaking through, pay attention to the resistance levels around 3780, 3825, and 3860 points, then focus on the resistance levels near 3905, 3987, and 4100 points. In the later stages, as long as it can effectively break through the resistance level of the "bull-bear reversal point" at 4100 points and maintain above it, the upward trend will continue. The resistance levels to watch above are 4370 and 4870 points.
Conversely, as long as it can effectively maintain its position below the resistance level of 3680 points during the day, it will continue to show a downward pullback trend. Continue to pay attention to the support levels of 3610 points and 3580 points, as well as around 3525 points and 3480 points. If it falls below, focus on the support levels around 3430 points and 3360 points.
Ethereum Intraday Trading Advice: Short near resistance levels of 3650 and 3680 points, with a stop-loss above 3700 points,
Buy near support levels of 3610 and 3580, with a stop loss below 3570. If it drops below, continue buying near support levels of 3525 and 3480, with a stop loss below 3470.
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The market has risks, and investments should be made with caution. Operational advice is for reference only, and profits and losses are at your own risk.
BTC1.6%
ETH0.07%
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