📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
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#Gate Derivatives Volume Hits New High#
July 21 Early morning trading idea
BTC My brothers, good evening everyone! I just woke up! There will be no live broadcast tonight, I feel a little tired! Ethereum is also crazy, it reached 3770, really after Bitcoin was pulled, they started pulling altcoins! The post was published at 12 AM on the 20th! I don’t know if everyone noticed! Did anyone enter buy trades? I posted about Bitcoin at 117300 and 116800 for buying! And Ethereum at 3530 for buying! And so far, everyone can make big profits!
Back to the market! Be careful at night as Bitcoin has been moving in a volatile range over the past two days! The upper limit of the volatile range is 118460, if broken, it will continue to rise! The resistance levels ahead of us are 119300, 120500, 121880 nearby! Keep monitoring for short position entries! If the 4-hour bounce cannot break above 118500 and hold above it, the market will continue to correct! The lower support levels are 117300, 116800, 115600, these prices remain the same, and we will see which direction Bitcoin will choose! I currently see that there is a correction! Because Bitcoin is still within a downward channel on the 4-hour level!
ETH needs no introduction, it's absolutely insane! According to this trend, 4000 is not just a dream! But one must also always pay attention to Bitcoin's movement! There are no major resistance levels ahead, just 3880 and 4000! Watch for a drop to 3725 overnight! If this price does not break, the market will continue to see a rebound! If 3725 breaks, exit long positions! Continue to 3675 and 3640 and wait for long positions to enter!
SOL Solana has become easier, when Ethereum rises, it will rise with it!
At night, be careful not to break 179, a buy trade can be entered! The next resistance levels are 185, 188! If 188 is broken, we could see close to 200! This is how a bullish market works!