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Tuesday, July 29, 2025
Daily trading strategies for Bitcoin and Ethereum:
The focus for Bitcoin today is primarily on the support level near 117,400 points. As long as it can effectively maintain above the support level of 117,400 points, a rebound trend will occur. The first points of resistance to watch above are around 118,500 points and 118,700 points. As long as it can effectively stay below the resistance level of 118,700 points, an effective rise cannot form. After breaking through, continue to pay attention to the resistance level between 120,000 points and 121,000 points. If it can effectively break above the resistance level of 121,000 points today and maintain above 120,000 points, the upward trend will continue. The focus above is on the previous high resistance level around 123,300 points.
Conversely, as long as the big pie can effectively break below the support level of 117400 points during the day and maintain operation below 117400 points, it will continue to show a downward retracement trend. First, pay attention to the support level of 116000 points and around 115700. As long as it can effectively stay above the support level of 115700 points, there will still be an upward rebound trend. If it breaks below, pay attention to the support level near 114700 points, and then focus on the daily support levels of 112000 points and around 110500 points, as well as the weekly support level near 109600 points.
"Daily Trading Suggestions for Bitcoin: Short near the 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 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 watch 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 be formed." After breaking through, focus on resistance levels at 3900 points, 3941 points, and 4100 points. In the later stage, as long as it can effectively break through the resistance level of 4100 points (the reversal point for bulls and bears) and maintain above 4100 points, the upward trend will continue. The upper resistance levels to focus on are 4370 points and 4870 points.
Conversely, as long as it can effectively break below 3750 points during the day and remain below 3750 points, it will show a downward retracement trend. First, pay attention to the support level around 3665 points. After breaking below, 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. After breaking below, pay attention to the support levels around 3430 points and 3360 points, and then focus on the daily level support around 3100 points.
"Ethereum Intraday Trading Advice: Short near the resistance level of 3825 points, with a stop loss above 3830 points. ♥ After breaking through, continue to short near the resistance levels of 3860 points and 3900 points, with a stop loss above 3900 points."
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The market is risky, and investment should be cautious. The operational suggestions are for reference only, and profits and losses are at your own risk.
BTC-1.98%
ETH-2.86%
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