Ethereum / TetherUS
Panjang

Bitcoin, Ethereum & Market Indexes

56


๐Ÿ”ป ๐Ÿš€ Bitcoin, Ethereum & Market Indexes ๐Ÿ”

๐Ÿ’Ž HWC (1D) โ€“ MWC (4H) โ€“ LWC (1H) Cycle Analysis
โญ•๏ธ Structural Review: TOTAL, TOTAL2, TOTAL3, BTC.D, USDT.D
๐Ÿ”ฅ analysis Coins: BTC, ETH
๐Ÿ“‰ Strategy: Dow Theory + Fundamentals + Market Sentiment

๐Ÿ”ฅ Daily Market Analysis โ€“ July 31st ๐Ÿ”ฅ

๐Ÿ’Ž Summary of Key News & Strategy:
โœ”๏ธ Interest rates were officially held steady at 4.5% โ€“ as widely expected. However, Powellโ€™s comments added slight bearish pressure to the market in the short term โ—๏ธ
โœ”๏ธ Itโ€™s important to note: recent market growth happened with the same rate in place. So any positive economic news from the U.S. from now until September could trigger a Bitcoin pump ๐Ÿš€
โœ”๏ธ One major bullish catalyst: MicroStrategy purchased 21,000 BTC โ€“ a strong institutional support signal ๐Ÿ’Ž
โœ”๏ธ With the BTC monthly candle closing in a few hours, keep risk low and proceed with caution โ—๏ธ
โœ”๏ธ if Volume is picking up in BTC and altcoin momentum is building. This opens up a strategic opportunity to enter long positions even before key breakouts in TOTAL, TOTAL2, and TOTAL3 ๐Ÿ”ฅ

โ™ฆ๏ธ BTC/USDT
Support 1: 115,000
Support 2: 111,000
Resistance: 120,000
Despite 2 days of bearish pressure, the overall BTC structure remains bullish

If the 120,000 level breaks with strong volume, we can use a stop-buy strategy to enter a long. Sellers managed to push down to 115,700, but buyers defended the level well.

โญ•๏ธ This volume near support can serve as early confirmation to enter altcoins.

๐Ÿ”ฅ Break of 120,000 is critical for sustained altcoin rallies.

โ™ฆ๏ธ BTC Dominance (BTC.D)
Watch for a breakout above 60.44 โ€“ if that happens, you should already be in altcoin positions ๐Ÿ”ฅ

It still hasnโ€™t broken the 62โ€“62.36 zone, which remains supportive for altcoin strength โœ…

โ™ฆ๏ธ TOTAL Market Cap
If we see signs of breaking 3.92, we should already be positioned ๐Ÿ”ฅ

Key support: 3.71 โ€“ as long as the market holds above it, the long scenario remains valid ๐Ÿ’Ž

โ™ฆ๏ธ TOTAL2
Open position should happen before a confirmed break of 1.54 โ—๏ธ
Waiting until after could lead to late and risky entries. Stay alert and responsive โœ…

โ™ฆ๏ธ TOTAL3
Same logic โ€“ position before the 1.08 breakout. Entry afterward will be harder due to sharp candle and volatility โญ•๏ธ

โ™ฆ๏ธ USDT Dominance (USDT.D)
Currently attempting to break 4.40 but has not succeeded โŒ โ€“ this is good for buyers.
We should have long positions before any potential drop below 4.13 ๐Ÿ”ฅ

โ™ฆ๏ธ ETH / USDT
Buyers successfully defended the 3,750 support zone ๐Ÿ’Ž
Given strong institutional interest, ETH has high bullish potential.
A break above 4,000 with powerful candles could kickstart the next bull run ๐Ÿš€

โœ… Early Entry Trigger: 3,858 โ€“ but only if ETH dips below this level first and returns back to it.
This gives us a tighter stop-loss and better risk/reward setup.
โŒ If ETH blasts through 3,858 with a sharp candle, avoid chasing the move.

โญ•๏ธ Additional confirmations:
โ€ข ETH/BTC should break 0.3277 to confirm ETH strength
โ€ข ETH.D should break 12.16 for final validation
Most likely, ETH.D and ETH/BTC will give early confirmation before ETH/USDT breaks 3,858 โœ”๏ธ


๐Ÿ’ฅ If you found this helpful, donโ€™t forget to FOLLOW and smash that ๐Ÿš€ button for more daily insights! ๐Ÿ’Ž

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.