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- 📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
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- 🎊 ETH Deposit & Trading Carnival Kicks Off!
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- 📢 ETH Heading for $4800? Have Your Say! Show Off on Gate Square & Win 0.1 ETH!
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- 🧠 #GateGiveaway# - Crypto Math Challenge！
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Market Analysis on July 18
Bitcoin has regained its position near 120,000 USD, with bullish forces overpowering the bears. From a technical perspective, if it breaks through 121,500 USD, Bitcoin is likely to continue towards a new high, confirming a new round of upward movement. Ethereum is incredibly strong, breaking through to around 3,650 USD in one go, and is expected to soon surpass the highest point in the 3,250 to 3,650 USD range. A short-term breakthrough above 3,650 USD can be held, and it's advisable to set a protective stop-loss for profit-taking at 3,450 USD!
Trading strategy
Bitcoin: Consolidation is over, new highs are expected.
Continuing to hold in the car a few days ago.
Those who haven't boarded the vehicle will continue to get on.
Get in at 118500～117500 USD
116500～115000 US dollars replenishment
Withstand 113,000 to 109,500 US dollars
$108,000 to $106,000 stop loss
Ethereum: Strongly Leading the Market
Continue to hold low-position chips
$3650 can be withdrawn in batches.
There are no chips to find an opportunity to get on board.
Buy in at $3450～$3350
Supplement position at 3150~3000 US dollars
3030 to 2950 USD held strong
2865~2720 USD lying flat
$2660 stop loss! #ETH突破3600# #山寨季何时到来？#
Spot intraday order, invalid upon expiration, waiting for the next new strategy.
(Note: The above analysis does not constitute investment advice. The market changes rapidly, and strategies should be adjusted dynamically based on real-time data.)