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Tongge’s 7.25 trading ideas
$BTC Go long near the liquidity around 645-650, stop at 655 (cut/stop), first target 635, second target 628.
$ETH Go long near the liquidity around 1870-1890, stop at 1910 (cut/stop), first target 1830, second target 1800.
Today is Saturday. With no US stock and ETF funds participating, overall market liquidity is relatively weak.
The main chart (Big Bing) and second chart (Er Bing) are both currently back near key support zones. At this position, the easiest thing to see is a wick rebound and getting swept back and forth for stops.
If support can’t hold, the “pump” rhythm from the big move may continue further; if support repeatedly absorbs on retests, the short-term price action will still range around this area.
Weekend trading—there’s no rush to chase. Just wait patiently for the levels and execute according to the plan.