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Friday, July 11, 2025 "Broadcasting at 8 PM Sharp" Bitcoin and Ethereum Evening Trading Strategy:
Bitcoin made a strong upward breakthrough last night near the previous high point of 112,000 points, once again embarking on the journey to create a historical new high. Tonight, the first focus is on the support level around 117,500 points. As long as it can effectively maintain above the support level of 117,500 points, it will continue its upward trend. The upper resistance levels to pay attention to are around 126,000 points and 135,000 points.
Note: You cannot short unless the support level of 117500 points is effectively broken.
After breaking down, pay attention to support levels at 115000 points, 112000 points, 110500 points, and around 109700 points. As long as it can effectively maintain above the support level of 109700 points, it indicates that the bulls are relatively strong and will continue to trend upward.
"Evening Trading Suggestions for Bitcoin: Short after breaking the support level of 117500 points, with the stop loss placed above the recent high. ♥ Buy near the support levels of 112000 points and 110500 points, with the stop loss below 110400 points."
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In the evening, Ethereum will first focus on the support level near 2960 points. As long as it can effectively maintain operation above the support level of 2960 points, it will continue to move upwards. The first resistance levels to pay attention to above are near 3040 points and 3100 points. After breaking through, focus on the resistance levels near 3430 points, 3525 points, and 3745 points.
Conversely, as long as it breaks below the support level of 2960 points in the evening and remains below 2960 points, it will show a downward pullback trend. First, pay attention to the support level near 2915 points. If it falls below this, watch the support levels at 2880 points, 2820 points, and around 2788 to 2760 points. Then, focus on the support levels around 2650 points and 2600 points.
"Ethereum Evening Trading Advice: Short near the resistance level of 3100 points, stop loss above 3100 points."
♥ Retrace to support levels at 2820 points, go long near 2788 points and 2760 points, stop-loss below 2760 points.