$BTC $ETH Mid-session Analysis: Published at 13:19 on July 9



Yesterday, gold, Ethereum, and altcoins (Evaa) all hit their targets precisely. Congratulations to our followers. Ethereum continues to hover around 1,740, preparing for big volatility from unemployment claims. We hope everyone acts cautiously and learns to respect the market. Only by summarizing and reviewing can you become stronger. For fans who choose to trust Brother Rui, it is recommended that you learn more about Brother Rui's trading mindset. Courseware will be provided irregularly as a benefit. If you like the streamer, follow and take a look! See if it's worth subscribing! Thank you for your support!

First, looking at the daily chart of Bitcoin, it closed at around 61,675 this morning, which is roughly in line with last week's forecast. It was expected to run until Tuesday to Wednesday, marking the end of the daily bullish trend. As long as it does not reclaim and stabilize above 64,000, any rebound can be understood as a fakeout. The daily trend is expected to complete around July 18-19. If the second bottom breaks the previous low, it could reach around 55,600. For Bitcoin over the next 1-2 days, the upper key resistance is 63,195-64,618, and the lower support is 61,386-59,926. Intraday Bitcoin trend is weak. It is recommended to go short on rallies. Operation suggestion: Short around 63,306-63,876 with a stop loss of 400 points.

Second, looking at the daily chart of Ethereum, it closed at around 1,722 this morning. In line with Bitcoin, this decline is expected to take a 7-10 day oscillating downtrend. It is expected to break the previous low and reach around 1,440. Those preparing to buy spot should place orders in advance. Focus on the daily level of 1,800. If it does not stabilize above this level, the bearish trend will continue. Over the next 1-2 days, the upper key for Ethereum is around 1,774-1,850, and the lower support is around 1,707-1,642. The 1-hour intraday cycle shows a slight rebound, which will provide an opportunity to short. Focus on shorting around 1,778-1,789 with a stop loss of 1x.

Note: The given point suggestions are for 1% position. The article is time-sensitive. Real-time guidance is based on the live stream. Personal opinions, for reference only. Small positions for compound gains. Good luck!#特朗普宣布美伊停火结束 #USD1链上质押享年化8.88% #ETH走势分析 #BTC走势分析
BTC0.43%
ETH0.27%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Repost
  • Share
Comment
Add a comment
Add a comment
BrotherRuiTalksAboutCoins
· 1h ago
Buy the dip 😎
View OriginalReply0
GateUser-6381fa59
· 1h ago
Get on board! 🚗
View OriginalReply0
  • Pinned