Trading ideas for the day on July 8th

BTC Good afternoon, brothers! The tariffs have been postponed again, and the cryptocurrency market has had almost a month to operate! In the early hours, Bitcoin also retraced around the 107400 area! It's continuing to rebound, and currently, the price of 108500 is very critical. Yesterday's rebound failed to break through, and today we are attempting to break this price for the third time! If we break 108500 on the 4-hour level, then the market will continue to rebound! The upcoming resistance levels are 109700 and 110480! However, from the current market perspective, the rebound is relatively weak! If the 4-hour closing is below 108500, then the market will continue to retrace! The support levels remain at 107200, 106500, and around 105300! Pay attention to entering long positions! If it breaks below 105000 and fails to recover, Bitcoin will start its second downtrend!

ETH has also rebounded along with BTC now. The focus should still be on BTC at 108500. If it breaks through, everyone can continue to push higher! If the 4-hour level can stay above 2550, the market can still look for a rebound! The upcoming resistance levels at 2605 and 2630 can be monitored for short entries! If the 4-hour level closes below 2550, the market will need to correct, with support levels around 2510, 2485, and 2435! Long positions should wait for entry!

SOL Solana rebounded quite strongly yesterday, but now it's wilting again! If the 4-hour closing can get back above 150, the market will still look for a rebound! The resistance levels ahead are 153, 155, and 158! If the 4-hour closing fails to break through 150, then the market will be dragged down by Bitcoin, with support levels near 145, 142, and 140! Long positions are waiting to enter!
Originally, ETH and SOL had a very good trend yesterday! A very good bullish pattern! They were forcefully dragged down by Bitcoin, the big brother remains the big brother! If he doesn't move, nothing else can move either! #GT 2025第二季度销毁# #Gate VIP理财送茅台# #特朗普关税#