Market Analysis for July 15

Bitcoin surged and then fell back yesterday, closing with a long upper wick on the daily chart, indicating that the bullish momentum is starting to weaken while the bearish forces are strengthening. Ethereum's movement seems to linger, showing a willingness to push higher, but since Bitcoin is not performing well, it can only follow Bitcoin's decline and consolidate. This aligns with the analysis from last night's livestream, suggesting that we will enter a high-level consolidation again soon. Therefore, guys, you must be prepared to implement a short-term profit-taking strategy.

Trading Strategy

Bitcoin

Get off at 120,500 to 121,500 USD
$118,200 to $117,000 to get on board
Break below 116800 stop loss

Ether

Get off at 3030 to 3050 USD
Get in at 2950～2915 USD
Break below 2865 to stop loss

Intraday order, expired is invalid, waiting for the next new strategy.

(Note: The above analysis does not constitute investment advice. The market is constantly changing, and strategies need to be dynamically adjusted based on real-time data.) #BTC再创新高#

BTC1.85%

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