Li Ying in the cryptocurrency circle: The 7.5 Bitcoin high position correction is not accidental! Ethereum still has downside risks! Latest market analysis

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Pionex: Latest Market Analysis for 7.5 Bitcoin

Article Published on 2025.7.5 ---- 00:10

The current price of Bitcoin is 107,700. The high-level pullback trend in the market is something that everyone can understand. The price has fallen below multiple moving averages and is approaching the lower Bollinger Band. The short-term bullish momentum is weakening, so from a short-term perspective, while there is a possibility of a technical rebound, it is necessary to pay attention to whether the price can find support at the lower Bollinger Band. If it breaks below this level, the price may further test the previous low of the 98,000 area. Finally, it is advised not to be overly bullish; it is better to remain cautious or to try short positions with light holdings. If the price rebounds and encounters resistance around 110,500, one can consider setting up short positions at high levels; if the price successfully stabilizes above 107,900 and shows signs of stabilization, one can try going long in the short term, but position size should be controlled to prevent volatility risks.

Today's Reference Points:

  • Long Entry: 107,000, Stop Loss: 106,000, Stop Loss: 500 points, Target: 109,500
  • Short Entry: 110,000, Stop Loss: 110,500, Stop Loss: 500 points, Target: 107,500

Latest Market Analysis for Ethereum

Before publication, the current price of Ethereum is 2,500. It has been observed that the market trend has been continuously declining from the high of 2,636, currently fluctuating around 2,500. The candlestick pattern reflects a bearish signal of three black crows, while the appearance of a double top further confirms the market's weakness. Short-term technical indicators such as RSI and MACD also indicate that momentum is leaning towards bearish, and there is still a risk of further price decline. Therefore, in the short term, the market momentum is biased towards bearish, and the price may further decline and approach the lower Bollinger Band or test the recent support level. A rebound is not ruled out in the short term, but the strength and sustainability of the rebound may be weak. Finally, it is advised to operate cautiously. For those who are more certain about the bearish direction, they can look for opportunities to sell on rebounds, but reasonable stop-loss levels should be set.

Short-term Strategy Reference:

  • Long Entry: 2,400, Stop Loss: 2,380, Stop Loss: 30 points, Target: 2,530
  • Short Entry: 2,550, Stop Loss: 2,600, Stop Loss: 30 points, Target: 2,450

The above is a brief analysis by Pionex regarding the current market situation for investors' reference. Over the past ten years, Pionex has continuously explored and experienced hundreds of different digital assets. Throughout this process, Pionex has witnessed the brilliance of bull markets and the gloom of bear markets, accumulating countless valuable experiences and profound lessons along the way. As a female trader striving in this challenging field, Pionex feels a responsibility to share her insights and hopes to help others with dreams find their place in this ever-changing market and embark on their own successful journey.

The content of this article is time-sensitive and for reference only; risks are borne by the reader.

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