July 3 Bitcoin (BTC) Ethereum (ETH) market analysis [market turning point signal has been formed!], including strategy order reference

2380; 104500 these two positions near the periodic bottom are predicted once again, please refer to the article on the 30th for details!

1. Technical Analysis
【Flatbread】
Bitcoin Daily Chart (Image 1): We previously mentioned that Bitcoin is in a consolidation within a parallel channel. As of 8 AM today, we see that Bitcoin closed above 108,000, forming a breakout on the daily chart. Therefore, we need to pay attention to the key upward movement initiation point at 110,000 mentioned in my weekly analysis. Only if this level is broken can Bitcoin meet the conditions for a major upward movement; otherwise, Bitcoin could be seen as a false breakout, which carries certain risks.

Bitcoin intraday (Figure 2): Pay attention to the key support level of 108500. As long as this small tenfold position does not break, Bitcoin will continue to challenge the position of 110000. We also need to be aware of a certain trend, a downward fakeout, to explore the position of 107800-106800. As long as Bitcoin does not break this range and does not stay at this position for too long, it is highly likely to be a liquidity fakeout.

Resistance level: 110000;
Support levels: 108500, 107500;

【Two Cakes】
The two-coin daily line (Figure 3): As shown in the line drawn in the image, if I didn't remind this position three times, then it can still be referenced now. Taking 2530 as the conversion line, if this position does not break, the two-coin will continue to rise and challenge the two positions of 2680 and 2800.

Two coins intraday (Figure 4): Pay attention to the position of 2530-2500 intraday, which is the position on the daily line. If this position is affected by the large coin, it will continue to explore 2380; but there is no need to worry too much, as long as 2380 is not broken, this bullish trend will not change, and the wave pattern is healthy.

Resistance level: 2670;
Support levels: 2530, 2500;

2. Strategy Order
(The following is just a simple trend analysis for reference only, specific data can only be analyzed upon arrival. If you're interested, perhaps you can follow me.)
eth script 1: buy around 2530 (supply: 2490), phase 1: 2590; phase 2: 2660; phase 3: 2760;

btc script 1: buy near 108500 (support: 107000), stage 1: 109500, stage 2: 110500, stage 3: 112000;

btc script 2: sell around 110500 (pick 112000), stage 1: 109500, stage 2: 108500

3. News
1. The U.S. Securities and Exchange Commission (SEC) has suspended Grayscale's Digital Large Cap Fund's plan to convert to an exchange-traded fund (ETF) and is reevaluating.
The fund was originally planned to be listed on the NYSE Arca platform, becoming a spot ETF that covers multiple assets, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Ripple (XRP), and Cardano (ADA).

2. Yingxi Group announced that it has reached a non-binding agreement with a large independent Bitcoin holder to acquire up to 12,000 Bitcoins. Previously, the company planned to acquire 8,000 coins, marking a significant increase. Based on the current price, the total value is approximately $1.3 billion. If the transaction is completed, it will be settled through the issuance of new shares.

3. Pay attention to the non-farm payroll data release tonight.