Pionex: Latest Bitcoin Market Analysis on July 4
Article Published on July 4, 2025 - 00:10
The current price of Bitcoin is 109,300. Pionex has observed that the current market price is fluctuating near the moving average, with intense competition between bulls and bears. Overall performance is relatively strong, but signs of weakening momentum are evident. Therefore, Pionex believes that in the short term, the market may maintain high-level fluctuations, accompanied by a certain degree of pullback demand. Reasons include the weakening of the MACD red bars, declining bullish momentum, and the RSI indicator being in a neutral to strong area, not entering an overbought state. The market tends to consolidate at high levels, and the appearance of a doji in K-line analysis indicates increased short-term uncertainty. Finally, Pionex suggests light position trading to avoid chasing highs, and to consider entering near the support level of 105,885.0 or around the middle track. The bullish stop-loss can be set below the Bollinger lower track support. If the price breaks below the Bollinger middle track or key support level, a quick stop-loss should be executed to avoid further losses.
Today's Reference Points:
- Long Entry Point: 108,500, Stop Loss: 107,500, Target: 110,500
- Short Entry Point: 111,500, Stop Loss: 112,000, Target: 108,500
Latest Ethereum Market Analysis
Before publication, the current price of Ethereum is 2,575. Pionex has found that the upward momentum has slowed, and some technical indicators show a weakening market momentum. Therefore, in the short term, the price is approaching resistance levels, with signs of diminishing short-term momentum. The MACD histogram is weakening, and the RSI is adjusting after touching the overbought area, indicating potential pullback pressure. However, strong support levels suggest limited downside potential, and the market may primarily undergo oscillatory adjustments. Finally, Pionex recommends combining technical indicators to add positions near support levels, paying attention to dynamic position adjustments to guard against the risk of prices breaking below bullish support areas. Close attention should be paid to subsequent price changes and indicator validation of reversal signals. If the price effectively breaks through resistance levels, a trend-following strategy can be considered.
Short-term Trading Ideas:
- Long Entry Point: 2,520, Stop Loss: 2,470, Target: 2,650
- Short Entry Point: 2,650, Stop Loss: 2,700, Target: 2,550
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 assist others with dreams in finding their place in this ever-changing market and embarking on their own successful journey.
The content of this article is time-sensitive and for reference only; risks are borne by the reader.
免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。