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Track real-time hotspots in the crypto world and seize the best trading opportunities. Today is Saturday, July 12, 2025. I am Wang Yibo! Good morning to all coin friends ☀️ hardcore fan daily attendance 👍 Like and make a fortune 🍗🍗🌹🌹
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U.S. stocks closed lower on Friday, with the Dow Jones Industrial Average down 0.63%, the Nasdaq down 0.22%, and the S&P 500 down 0.33%. Intel ( INTC.O ) fell 1.64%, Apple ( AAPL.O ) fell 0.59%, while Nvidia ( NVDA.O ) rose 0.5%. The Nasdaq Golden Dragon China Index closed down 0.43%, with Baidu ( BIDU.O ) and Bilibili ( BILI.O ) dropping nearly 2%. The crypto world will punish every rebellious hardcore fan. Looking back at Friday's market, the bulls launched a strong offensive, with two significant surges in the early morning, shattering the dreams of many retail investors in the crypto world! Bitcoin quickly retraced to around 115000 in the morning; did you think the bullish momentum was extinguished? Then you underestimate the determination of this wave of bulls, as they once again broke new highs to around 118888, before gradually entering a range adjustment state by the evening. In the ever-changing crypto market, stay tuned to Yibo to grasp real-time dynamics!
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After fluctuating in the evening, Bitcoin retreated from a high of 118188 to a low of 116618 before rebounding, currently rising above 117500; from the daily cycle perspective, the price has effectively broken through the upper Bollinger Band resistance, with the upper band turning into a strong support level. The pullback did not break this area, confirming the bullish dominance in the market, and the upward structure is solid. In the four-hour cycle, the price continues to operate near the upper Bollinger Band, with bulls completing chip exchanges through repeated tests of the upper band pressure. The three tracks of the Bollinger Band are synchronously diverging upwards, with the opening of the bands expanding, indicating that bullish momentum is being released in an orderly manner, and the price continues to follow a stepped breakthrough rhythm under its dominance. In the hourly level, the three tracks of the Bollinger Band are flat, forming a horizontal consolidation range, which is a normal energy accumulation in the trend operation. The short-term fluctuations aim to digest the profit-taking pressure from the previous period, allowing bulls to accumulate subsequent momentum. Combined with the bullish structure of the large cycle, this consolidation range is more likely to be a continuation pattern for a new round of upward movement.
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Ethereum slightly rebounded to a high of 3008 before facing pressure and falling back, touching a low of 2935 before rebounding. From the current market situation, the bullish momentum has somewhat slowed down, and the market has entered a correction phase after a one-sided stretch, which is a necessary stage to go through. Although the series of bullish candles on the four-hour chart has been interrupted, the retracement strength is very limited, clearly not forming a trend reversal. Looking at the daily chart, the moving averages are in a bullish alignment. Although the candlestick has a longer upper shadow and the trading volume has slightly decreased compared to yesterday, the overall market performance is still strong. It is expected that the weekend market will once again challenge new highs with an upward fluctuation posture, and in terms of operations, continue to choose opportunities to go long at lower levels. #BTC再创新高# #ETH突破3000# #VIP 专属空投嘉年华#