July 8 Bitcoin (BTC) Ethereum (ETH) market analysis [Tariff turmoil again?], includes strategy order reference

Price indicators have lagging characteristics and are for reference only; specific information should refer to market data.

1. Technical Analysis
【Flatbread】
Bitcoin Daily: Let's take a look at the overall situation. It was previously mentioned that 110000 is the recovery line for Bitcoin. If Bitcoin cannot effectively break through this area, all of its actions can be viewed as false breakouts.

The price indicator BOLL is in a state of upper band resistance, and the MACD is above the zero axis with the red volume bars continuously diminishing, indicating a weakening momentum. If there are no external large capital interferences, there is no upward space in this area in the short term. Both RSI and KDJ are in a state of high entanglement.

Bitcoin intraday: We focus on the three points in the image below. 108300 is regarded as the strength line for Bitcoin's range fluctuation. On the hourly level, we aim to explore 109300 above, while testing the support line at 107300 below. If this area cannot be effectively defended, we will see Bitcoin retreat to the 106500 area (Note: the retreat at 106500 is a small trend retracement point and should not be considered as part of the larger trend analysis on the daily line).

Resistance levels: 109300, 110500
Support levels: 107300, 106500

【Two Cakes】
Today, I will briefly talk about the second coin. Overall, after being blocked and falling back at 2625, the second coin has once again formed a consolidation channel with a rising bottom. During the day, we will focus on the boundary line at 2530; if this area breaks, a small trend will shift. On the upside, we first look at 2550; if it closes above on the hourly level, it can test around 2590.

Resistance levels: 2580, 2620
Support levels: 2530, 2480

2. Strategy Order
(The following is just a simple trend analysis for reference only. The specific data can only be analyzed upon arrival. If you are interested, you may consider following me.)
btc script 1: sell near 109350 (target: 110600) -- normal marking, stage 1: 108600; stage 2: 107500; stage 3: 106600
btc script 2: buy near 106500 (top up at 105500, target: 104500), phase 1: 107300, phase 2: 108300, phase 3: 109300
eth script 1: sell near 2585 (light, add at 2615, 2640 is good), phase 1: 2560, phase 2: 2530, phase 3: 2495
eth script 2: buy near 2475 (bamboo shoot: 2430), stage 1: 2500, stage 2: 2530, stage 3: 2550

3. News Aspect
1. The U.S. SEC has confirmed receipt of the spot Bitcoin and Ethereum ETF application submitted by Truth Social.
2. Waller is a popular candidate for the next Chair of the Federal Reserve and a former Fed governor. He said that the Fed keeping interest rates unchanged has frustrated the U.S. president, and he can understand that feeling. He believes that interest rates should be lowered to an even lower level. He also mentioned that Trump's tariff policy will not trigger inflation.
3. Starting from the early morning of the 8th Beijing time, Trump has been releasing tariff letters to multiple countries on social media. As of the time of publication, he has issued new tariff threats to 14 countries. Specifically, the tariff rates for Japan, South Korea, Kazakhstan, Malaysia, and Tunisia have been raised to 25%; South Africa and Bosnia are at 30%; Indonesia is at 32%; Bangladesh and Serbia are at 35%; Thailand and Cambodia are at 36%; Laos and Myanmar are at 40%. These tariffs will take effect on August 1.
On the 4th and 7th, U.S. President Trump signed an executive order to postpone the implementation date of the so-called "reciprocal tariffs" from July 9 to August 1. Previously, on April 2, Trump announced the imposition of "reciprocal tariffs," which resulted in a crash in the U.S. financial markets. Under pressure from various parties, on April 9, Trump announced a 90-day delay on imposing high "reciprocal tariffs" on some trade partners; however, the 10% "baseline tariff" was still retained.