July 1 Bitcoin (BTC) Ethereum (ETH) market analysis [daily chart engulfing], including strategy order reference

1. Technical Analysis
【Flatbread】
Bitcoin intraday: We are still focusing on this channel line for the day. Since 108500 has not been effectively broken, we will look at the first support level at 106500. If it breaks, we will test the strength lines at 104500 and the channel line at 103000.

Resistance level: 108500;
Support levels: 106500, 103000;

【Two Cakes】
Ethereum daily chart: Ethereum has formed a wedge-like upward movement in a short range, with the lower support level at 2440 being the key point, until Ethereum breaks through the upper resistance level at 2530, which is the daily chart reversal point. For specific insights, please refer to yesterday's weekly article.

Below, we still focus on the 2380 retracement support line. If it breaks, the second Bit will need to test the bottom again.

Resistance levels: 2530; 2650
Support levels: 2440, 2385;

2. Strategy Order
(The following is just a simple trend analysis for reference only. Specific data can only be analyzed upon arrival. If you are interested, you may consider following me.)
eth script 1: buy around 2443 (support: 2400), stage 1: 2470; stage 2: 2490; stage 3: 2510

btc script 1: buy near 104600 (support: 103000), stage 1: 106000, stage 2: 107000, stage 3: 108300

eth script 2: sell near 2520 (bamboo shoot 2565), stage 1: 2495, stage 2: 2480, stage 3: 2450

3. News
1. Germany's largest banking group, Sparkassen, plans to offer private clients the service of trading various cryptocurrencies, including Bitcoin and Ethereum, with the service expected to launch in the summer of 2026. Sparkassen's wholly-owned subsidiary, Dekabank, has already ventured into cryptocurrency trading and will later be responsible for managing Sparkassen's cryptocurrency services. It is worth mentioning that Sparkassen's executives were previously not very enthusiastic about cryptocurrencies, considering them to be "highly speculative."

This change occurred after the implementation of the "Regulation on Markets in Crypto-Assets," which provides a unified legal framework for cryptocurrency businesses in the EU.