2025.7.17 Daytime Market Analysis

On-chain data keeps being publicly bought, and high positions are influenced by large institutions. If Ethereum has another positive development, I will definitely not chase long positions.
On the day: The 4-hour oscillation is retreating and looking bearish, be cautious when chasing long positions today... For short-term trading, wait for the right level to trade Bitcoin today.

Resistance levels: 3450, 3520, 120300, 121600
Support levels: 3180, 3300, 116300, 114600

Ethereum of the day: ① Ethereum 3310, 3298 or current price has a long signal... stop loss 3280, ② or wait for 5 minutes for the main chart to show divergence before taking a long position, stop loss at divergence... take profit at 3668, 3398
③3368, 3398 observation area short position, do not place orders, wait for the price level and signal to enter, take profit at 3310, 3280... (this short position can be taken or not taken)
④3368, 3398 dropped back to 3330, 3340 is also a multiple, then it will diverge to the high positions at 3450, 3460...
⑤ Break below 3450, short at the high divergence of 3460, wait for the divergence to play out before shorting, take profit at the 1-hour white line… 1-hour gold line.

Bitcoin on the day: 115200, 116300 long positions, stop loss at 114700, take profit at 118900, 118500
118900, 118500 short position, stop loss 800 points, take profit 116300, 115200, 113500, 114200

Combine live streaming and technology, pay attention to position management, for reference only #比特币 #btc #ETH.