July 9th Trade Strategy Analysis

BTC Good afternoon, brothers! It seems that the rebound of Bitcoin is still very weak, and it can't even rise above 109300 this time. The current trading strategy is still to go short at high prices! This way, the risk-reward ratio is the highest! Last night, Ethereum had a lot of volatility, continuously pushing up near 2630. I have been saying in my posts recently that Ethereum can be shorted at 2600 and 2630, and now we can reap quite a bit of profit! Back to the market, Bitcoin made a slight push on the daily chart today but still couldn't break through 109300. Now it has pulled back; if the 4-hour level retraces and still holds that crucial support level of 108500, as long as it doesn't break below that price, the market can still rebound. The resistance levels ahead are 109300, 109700, and 110500! Keep an eye on entering short positions! If the 4-hour level retrace breaks below 108500, then the market will continue to go short, and the decline here could be quite strong, with support levels below at 107200, 106500, and around 105300! Long positions should wait to enter!

ETH surged unexpectedly last night, making two attempts to break through 2630! Both were pushed back down! This proves that there is significant resistance above! I was in the group early in the morning, advising fans to pay attention to shorting at 2630! Now that it's pulled back, as long as it doesn't break below 2570 and 2558 on the 4-hour chart! If it doesn't break below these two prices, long positions can also be considered for entry! The market can rebound, with the resistance levels still at 2630, 2660, and 2688! Short positions should be on alert for entry! If it breaks below 2550, this rebound will end, with support levels around 2528, 2505, and 2480! Long positions should continue to wait for entry!

SOL Solana rebounded around 153 last night! Yesterday's post accurately provided long and short entry points! The current strategy remains to buy on a pullback as long as it doesn't break 150! The market still looks for a rebound, with resistance ahead at 153, 155, and 158! Watch for short entry! If it pulls back and breaks 150, exit long positions! Continue to wait for long entries around 148, 145, and 142! #Gate VIP理财送茅台 #美加征关税 #Gate xStocks 交易体验