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2025.7.18 9:07 AM BTC/ETH market analysis
Waking up from a sleep, ETH has risen by another one or two hundred dollars, leading the market to continue its surge. That night, 3.8 billion CNY vanished into thin air, and 140,310 people went bankrupt. This week, most of the shorts have been wiped out. An old friend said something very true this week: "When the market is bad, I always go long, and when the market is good, I always go short." I really need to reflect and summarize why I always go against the market!
BTC attention
Support 116411/112000
Pressure temporarily set at 130800
The key level at this moment is 119200, with basically no resistance; the sky is the limit, and new highs can be born at any time. You may not have much, but you must not short!
ETH attention
Support 3185/3068
No pressure
Directly from yesterday's first key position of 3354 to the current 3585, there is another space of over a hundred dollars. Recently, the second coin has become a hot commodity in the market. Hold onto your cheap chips; you can reduce your position, but you must not liquidate entirely. If you don't have the patience to hold onto it now, when will you have the patience?
In terms of operation: It's still the same saying for those that have just stabilized and broken through ma30/ma60, enter and hold on. For those that stabilize at ma120, seize the opportunity to enter on a pullback to ma120, giving at least 15-30 days to see if it can touch ma250 for significant growth!
Keep an eye on SOL/LTC/TON on the contract as well as small-cap altcoin spot with small funds!
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