Analysis of the intraday trend on July 12, 2025.

After a surge yesterday, Bitcoin has started to consolidate at the top on the 4-hour chart, which means this wave of increase has temporarily ended. Today is the weekend, so it likely won't be significant either. We'll just have to see the top and bottom of the 4-hour consolidation zone. If it breaks below the bottom, it will continue to retrace; only a breakthrough above the top will lead to further upward movement. If neither the top nor the bottom is broken, it will continue to consolidate. For those who like to trade short-term, it's fine to operate around the top and bottom, going short at the top and long at the bottom!

Today's analysis:
Pay attention to the position of 117750 today. Only if the price stabilizes above this position will it head towards the top of the consolidation area at 118880 (previous high). If it can't break through, it will still pull back at a smaller level!
If we can't reach the position of 117750 today, it indicates that the market is still not going up. Pay attention to the bottom of the range at 116630 below. If it doesn't break down, it will still rebound. If it breaks down, watch for support levels near 115200-112950-110550!

Ether
Pay attention to the position 2971 today. Only if the market holds above this position will it reach the resistance level at 3007 in the sideways range. If it cannot break through, it will still pull back. If it breaks above the resistance level, pay attention to the areas around 3040-3092-3128!
If we can't reach the 2971 position today, it means the market still can't go up. Pay attention to the support level at the bottom of the sideways range, which is 2920. If it doesn't break down, it will still rebound. If it breaks, pay attention to the support levels around 2880-2836-2795!