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Saturday, July 12, 2025
New Weekly Strategy for Bitcoin and Ethereum:
Bitcoin and Ethereum are still in a bullish trend overall, but after last week's strong rally, there is a need for a small-scale downward correction and consolidation in the coming week. Once the small-scale downward correction and consolidation are completed, the bullish outlook remains unchanged. Therefore, the main strategy moving forward should be to buy on dips.
New Weekly Strategy for Bitcoin and Ethereum:
Big Cake:
♥ Plan One "White Line" continues its upward trend after retracing to the daily support levels around 112,000 points and 110,500 points. First, pay attention to the resistance level near 118,900 points, and after breaking through, focus on the resistance levels around 126,000 and 135,000 points.
♥ Plan Two "Yellow Line" fell below the daily support level and then retraced to the weekly support level near 109600 points, continuing the upward trend. First, pay attention to the resistance level near 118900 points above. After breaking through, focus on the resistance levels near 126000 and 135000 points.
♥ Plan three, falling below the weekly support level near 109600 points and maintaining a position below 109600 points, resulting in a downward deep correction trend.
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Ethereum:
♥Plan One "Yellow Line" continues its upward trend after a downward pullback to the weekly support level near 2820 points. The upper resistance levels to watch are around 3100 points, 3430 points, 3745 points, and 4100 points.
♥Plan Two "White Line" continues to rise after testing the daily support levels of 2880 points and 2788 points, with attention to resistance levels at 3100 points, 3430 points, 3745 points, and near 4100 points.
♥ Plan Three: A downward break below the daily support level of 2788 points and maintaining below 2788 points will lead to a downward deep correction trend.