2025.7.15 10:34 AM BTC/ETH market analysis

On this night, 4 billion CNY went up in smoke, 126,753 people went bankrupt to zero. The first wave of BTC dipped to a low of 119,200 before rebounding to 120,510, barely creating a 1,000 dollar pullback space. The second wave is currently approaching 117,500, with a key support level at 116,411 below.
The first wave of ETH in the early morning had a low of 2995 and a rebound high of 3031, barely a 30 dollar space. At this moment, the second wave's low is 2953, currently attempting to form a bottom (5-minute ultra short-term) in progress, situated in yesterday's second aggressive range of 2945-2955!
Last night the only thing was that even at our aggressive positions there were fluctuations, and there were opportunities to exit. Currently, there is a demand for a quick rebound after a short-term bottom within 5 minutes. Remember, this is not the time for a pattern; the high positions are stagnating, and we can only enter and exit quickly! The current volume is slightly smaller than last night's, which is still acceptable!
BTC Attention
Support 109500/112000
Pressure 130800
The key levels at this moment are 119200/116411. Pay attention to the gains and losses during the day, and take action based on the strength of the momentum!
ETH focus
Support 2851/2788/2719
The pressure is temporarily set at 3100.
The key levels at this moment are 2788/3000/2912. Those who are familiar know that just the day before yesterday, we went long at 2912. Don't always fantasize about making profits from both sides; being able to catch a one-sided move in the market is already a remarkable achievement!
In terms of operation: Apart from spot trading where one can start looking for opportunities to gradually accumulate positions, at this moment the price levels for contracts can only allow for light positions to quickly enter and exit!
#GateLive# #GT#