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Chuangjin Community - Analysis on July 11, 2025
Currently, the bulls are strong... there is little chance of a sharp drop without a rapid upward spike. For now, there is no state of a major decline... Ethereum will still catch up, and a pullback can be considered for short-term long positions...
Today: The price of Bitcoin is currently relatively high, it's best to focus on short-term trading for the day.
Resistance levels: 3050, 3150, 117700, 119100 Support levels: 2900, 2850, 114700, 113100
Ethereum of the day: [No drop below 2900 for pullback, continue to be bullish, for aggressive traders, enter on 3-minute golden cross or buy at current price of 2950, buy orders at 2915, 2925, take profit at 2980, 2975, 3020, 3050.
Bitcoin same day: 115200, 114700, 115500 buy orders, stop loss 3 minutes or 500 dollars… take profit 117500, 118000, 121000, 119800 [Only do intraday short-term trades, do not hold for too big a pattern, if you feel the points are too large then do not trade Bitcoin, see personal position]
Combine live streaming and technology, pay attention to position management, for reference only.