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Tuesday, August 5, 2025, "Broadcasting at 7:30 AM Sharp"
Trading Strategy for Bitcoin and Ethereum Intraday:
For Bitcoin, the key support levels to watch during the day are around 114700 points and 114100 points. As long as it can effectively remain above the support level of 114100 points, it will show an upward rebound trend. The first resistance levels to watch are around 115700 points and 116000 points. "As long as it can effectively stay below the resistance level of 116000 points, the bearish outlook remains unchanged." After a breakout, focus on the resistance levels of 116800 points, 117400 points, 118800 points, and the bullish-bearish reversal zone between 120000 points and 121000 points.
On the contrary, if Bitcoin can effectively break below the support level of 114100 points during the day, it will continue to trend downwards. The first support level to watch below is around 113000 points. If it breaks below this, continue to pay attention to the daily support levels around 112000 points and 110500 points, as well as the weekly support level around 109600 points.
"Daily Trading Suggestions for Bitcoin: Short near resistance levels of 115700 and 116000 points, with a stop-loss above 116100 points."
Buy near the support levels of 114700 points and 114100 points, with a stop-loss below 113800 points.
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In Ethereum's intraday trading, the first focus is on the resistance level around 3730 to 3755 points. As long as it can effectively break through the resistance level of 3755 points upwards and maintain above 3730 points, it will continue to rebound upwards. The first resistance levels to watch above are 3830, 3860, 3890, and 3941 points. After breaking through, focus on the resistance level of 4000 points and the bullish-bearish reversal level around 4100 points.
Conversely, as long as it can effectively maintain below the resistance level of 3730 points during the day, it will show a downward pullback trend. The first support level to watch below is around 3660 points. After breaking this, pay attention to the support levels around 3580 points and the bullish-bearish reversal level near 3520 points.
Ethereum Intraday Trading Suggestions: Short near the resistance levels of 3730 and 3755 points, with a stop-loss above 3765 points.
Buy near the support level of 3660, with a stop-loss below 3655.
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The market has risks; investment requires caution. The operation suggestions are for reference only, and profits and losses are at your own risk.