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Grasp the trends in the crypto world and master the entry points for trading.
Hello everyone, I am Kangxi from the crypto world.
Follow me: I will share practical insights from the crypto world, deeply analyze market trends, and achieve wealth growth.
Wednesday, July 23, 2025, "Broadcasting at 7:30 AM sharp"
Bitcoin and Ethereum Intraday Trading Strategies:
Continue to pay attention to the resistance level near 120,000 points for Bitcoin on the intraday chart. As long as it can effectively break through the resistance level of 120,000 points and maintain above 120,000 points, the upward trend will continue. Focus on the previous high resistance level around 123,200 points above.
Conversely, as long as Bitcoin can effectively maintain below the resistance level of 120,000 points during the day, it will exhibit a downward pullback trend. First, pay attention to the support level around 117,400 points, then focus on the support levels near 116,600 points and 115,700 points. As long as it can effectively stay above the support level of 115,700 points, there will still be an upward rebound trend. If it breaks below, then focus on the daily support levels around 112,000 points and 110,500 points, as well as the weekly support level near 109,600 points.
"Daily Trading Recommendation for Bitcoin: Short near the resistance level of 120,000 points, with a stop loss above 121,000 points.
♥ Go long near the support levels of 116600 points and 115700 points, with a stop loss below 115200 points.
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In Ethereum, the intraday focus is on resistance levels at 3750 points, 3780 points, and around 3800 points. As long as it can effectively break through the resistance level of 3800 points upwards and maintain above 3800 points, it will continue to trend upwards. Initially, pay attention to the resistance levels at 3825 points and around 3860 points, and after breaking through, focus on the resistance levels at 3905 points, 3987 points, and around 4100 points. In the later stages, as long as it can effectively break through the resistance level of "Long-Short Reversal Point" at 4100 points and maintain above 4100 points, it will continue to trend upwards. The upper focus should be on the resistance levels at 4370 points and around 4870 points.
Conversely, as long as it can effectively maintain below the resistance level of 3800 points during the day, it will show a downward pullback trend. The first support level to pay attention to below is 3680 points, followed by the range of 3610 to 3580 points. If it breaks down, then focus on the support levels of 3525 points and near 3480.
Ethereum Intraday Trading Advice: Short near resistance levels of 3780 and 3800, with a stop-loss above 3805.
Go long near the support levels of 3610 points and 3580 points, with a stop loss below 3570 points.
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The market has risks, and investments should be made with caution. The trading strategy suggestions are for reference only, and profits and losses are the responsibility of the investor.