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Seize the trends in the crypto world and master the entry points for trades.
Hello everyone, I am Kangxi from the crypto world.
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Tuesday, July 29, 2025, "Live at 7:30 AM sharp"
Trading Strategies for Bitcoin and Ethereum Intraday:
In the daily chart, first pay attention to the support level around 117400 points. As long as it can effectively remain above the support level of 117400 points during the day, there will be an upward rebound trend. Next, focus on the resistance levels around 118500 points and 118700 points. "As long as it can effectively remain below the resistance level of 118700 points, an effective rise cannot be formed." After breaking through, continue to pay attention to the resistance levels between 120000 points and 121000 points. If it can effectively break above the resistance level of 121000 points and maintain above 120000 points during the day, it will continue to trend upward. The upper resistance level to watch is the previous high point around 123300 points.
Conversely, if Bitcoin can effectively break below the support level of 117,400 points and remain below that level, it will continue to show a downward retracement trend. First, pay attention to the support levels at 116,000 points and around 115,700. If it can effectively maintain above the support level of 115,700 points, there will be an upward rebound trend. If it breaks below, focus on the support level around 114,700 points, and then watch 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 resistance levels of 118500 and 118700 points, with a stop loss above 119100 points"
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In Ethereum, the focus during the day is first on the support level near 3750 points. As long as it can effectively stay above the support level of 3750 points, there will be an upward rebound trend. The first resistance levels to pay attention to above are 3825 points and 3860 points. "As long as it can effectively remain below the resistance level of 3860 points, an effective upward trend cannot form." After breaking through, pay attention to the resistance levels of 3900 points, 3941 points, and 4100 points. In the later stages, as long as it can effectively break through the resistance level "bull-bear reversal level" of 4100 points and maintain above 4100 points, it will continue to trend upwards. The upper focus is on the resistance levels near 4370 points and 4870 points.
Conversely, as long as it can effectively break below 3750 points during the day and maintain below 3750 points, it will show a downward pullback trend. First, pay attention to the support level around 3665 points; if it breaks down, focus on the important support levels around 3610 points and 3500 points. As long as it can effectively maintain above the support levels of 3610 points and 3500 points, there will continue to be an upward rebound trend. If it breaks down, pay attention to the support levels around 3430 points and 3360 points, and then focus on the daily support level around 3100 points.
"Ethereum Intraday Trading Advice: Short near the resistance level of 3825, with a stop-loss above 3830. ♥ After the breakout, continue to short near the resistance levels of 3860 and 3900, with a stop-loss above 3900."
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The market is risky, investment should be cautious, and operational suggestions are for reference only; profits and losses are at one's own risk.