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2025.7.28 10:02 AM BTC/ETH Support and Resistance Analysis
Today is Monday, the market was stable before noon on Sunday, but started to be suppressed from Sunday afternoon, especially ETH which continues to set new highs in this wave of rebound, aiming for 4000! It is just 5 away from hitting the resistance level of 3892, currently consolidating at 3845. BTC is temporarily consolidating at 119200, hesitating, and the suspense continues. The main players are more patient than we think, while we are lacking a bit in that regard!
BTC Attention
Support 116411/115000
Pressure temporarily set at 138000
The key point at this moment is undoubtedly 119200. Whether we gain or lose this position directly determines whether we continue to rise or start to pull back. Looking at ETH's performance, the probability of a final breakout is still quite high. However, it is not advisable to chase prices before it firmly stabilizes! Shift your attention to more cost-effective options!
ETH attention
Support 3605-3715/3339-3486
The pressure is temporarily set at 4100
The key point at this moment is definitely 3892, so keep a close watch on this level. Based on the current trend, although we don't know where the top of this wave of ETH is, reaching 4000 is basically a given at this point! It's just a matter of time!
In terms of operations: At this moment on Monday, there is a high-level fluctuation, mainly observing during the day, as there is no obvious double-top or triple-top assault, so there's no rush to short. Even if shorting, one should wait for a high point to follow up with a volume drop signal instead of acting at the current price. With such a vigorous trend, a pullback is often the best choice, so be patient and wait for opportunities for a breakout or deep squat long in the evening!
Let's not talk about the distant past, but recently there are still some positions at 3525/3725. Keep holding on, you can reduce your positions but don't liquidate them completely. As for the deeper positions, the same advice applies: hold on tightly! If you've already sold, then it's done. After a wave of market movement, the value of the positions is incredibly high!
I believe you will get better and better at position management. Don't be discouraged; the secondary market is full of opportunities. Be sure to protect your principal!
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