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July 1 BTC/ETH Strategy
A new month begins, wishing everyone a victorious start.
BTC: The broader structure still assumes the double bottom is valid. The current downward and upward momentum are not particularly distinct, but historically it’s at a relatively low level, so the risk-reward ratio for betting on the double bottom is higher. The only key to a confirmed double bottom is that the neckline must be repaired. The operation is very simple: use the latest low as a stop loss, enter on a test after the low appears, and exit if a new low is made. Even if this test triggers the stop loss, there’s no need to worry—it’s part of the expected plan. Last night’s tweet indicated a liquidation level at 57640. The early morning touched a low of 57746, followed by noticeable capital inflow. Assuming the liquidation is complete, use that level as a stop loss. Look for entry points between 580-585 above this low to add long positions. The upper targets remain 608-618-628. (See chart for details)
ETH: Re-emphasizing that the technical structure of ETH is very clear. Over the past few days, it has been consolidating around the core support zone of 1533-1575, always holding the midline 1550 as support without testing the third support level. The strategy remains unchanged. Since 1533 hasn’t been triggered, the support is effective. It’s recommended to use this level as a stop loss for all long positions; for more aggressive traders, use 1550 as a stop loss. Add long positions above this level and try again. The upper targets remain 1607-1639-1669, unchanged. If you don’t trust this approach, simply look for resistance levels to add short positions. (See chart for details)#Gate完成141只股票股息派发 $ETH