empty
01.07.2025 08:55 AM
Trading Recommendations for the Cryptocurrency Market on July 1

Bitcoin failed to hold the $108,000 level, slipping into a more acceptable zone around $107,000. Ethereum also showed weakness at the end of the month, retreating to $2,460 after failing to stay above $2,500.

This image is no longer relevant

Meanwhile, last week, Strategy acquired another 4,980 BTC, spending $531 million. Strategy now holds a total of 597,325 BTC, purchased for $42.4 billion at an average price of $70,982 per coin.

In addition to Strategy's aggressive buying, there has been increased activity among other institutional investors, indicating growing recognition of Bitcoin as a mature and promising asset. Major investment funds and corporations, once cautious, are now actively integrating cryptocurrency into their portfolios to diversify risk and increase returns. Data shows that a growing number of private companies are purchasing Bitcoin for their balance sheets.

However, considering Bitcoin's difficulties in advancing toward the upper boundary of the sideways channel at $111,000, it's best not to rush into buying. It's more prudent to look for opportunities around the middle of the range, approximately $105,000–$106,000, or near the lower boundary at $101,000.

As for the intraday strategy in the cryptocurrency market, I will continue to rely on major dips in Bitcoin and Ethereum, anticipating a continuation of the medium-term bull market, which remains intact.

For short-term trading, the strategy and conditions are outlined below.

This image is no longer relevant

Buy Scenario

Scenario #1: I plan to buy Bitcoin today upon reaching an entry point of around $107,200, with a target of $108,500 for growth. At around $108,500, I plan to exit my long positions and sell immediately on the rebound.

Before buying a breakout, ensure the 50-day moving average is below the current price and the Awesome Oscillator is in the zone above zero.

Scenario #2: Buying from the lower boundary at $106,600 is also an option if there is no market reaction to a breakout, with a rebound expected toward $107,200 and $108,500.

Sell Scenario

Scenario #1: I plan to sell Bitcoin today from an entry point of around $106,600, aiming for a drop to $105,700. I plan to exit the sell position at $105,700 and buy immediately on the rebound.

Before selling a breakout, ensure the 50-day moving average is above the current price and the Awesome Oscillator is in the zone below zero.

Scenario #2: Selling from the upper boundary at $107,200 is also an option if there is no market reaction to a breakout, with a rebound expected toward $106,600 and $105,700.

This image is no longer relevant

Ethereum

Buy Scenario

Scenario #1: I plan to buy Ethereum today upon reaching an entry point of around $2,470, targeting growth to $2,508. I plan to exit the buy position at $2,508 and sell immediately on the rebound.

Before buying a breakout, ensure the 50-day moving average is below the current price and the Awesome Oscillator is in the zone above zero.

Scenario #2: Buying from the lower boundary at $2,450 is also an option if there is no market reaction to a breakout, with a rebound expected toward $2,470 and $2,508.

Sell Scenario

Scenario #1: I plan to sell Ethereum today from an entry point of around $2,450, aiming for a drop to $2,418. I plan to exit the sell position at $2,418 and buy immediately on the rebound.

Before selling a breakout, ensure the 50-day moving average is above the current price and the Awesome Oscillator is in the zone below zero.

Scenario #2: Selling from the upper boundary at $2,470 is also an option if there is no market reaction to a breakout, with a rebound expected toward $2,450 and $2,418.

Miroslaw Bawulski,
Analytical expert of InstaForex
© 2007-2025
Summary
Urgency
Analytic
Maxim Magdalinin
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Spot Ethereum keeps soaking up fresh capital

Despite Ether dipping below the $3,700 mark, net inflows into spot Ethereum ETFs reached $533.9 million yesterday, the third-largest daily inflow since their launch. According to SoSoValue, the iShares Ethereum

Jakub Novak 12:07 2025-07-23 UTC+2

Trading Recommendations for the Cryptocurrency Market on July 23

Bitcoin once again broke above $119,000, briefly surpassing the $120,000 mark, but then pulled back to around $118,500. This indicates considerable difficulty in returning to the all-time high near $123,000

Miroslaw Bawulski 09:18 2025-07-23 UTC+2

Crypto market: altseason gains momentum

The crypto market is showing strong signs of entering a new phase of altseason—a period of accelerated growth for altcoins. In mid-July, the DOGE/USD pair returned to the mid-term bull

Jurij Tolin 16:46 2025-07-22 UTC+2

Trading Recommendations for the Cryptocurrency Market on July 22

Bitcoin once again failed to consolidate above the $119,000 level, falling back to the $116,000 area during the Asian session today. Ethereum also fell slightly after hitting $3850. Meanwhile, according

Miroslaw Bawulski 09:50 2025-07-22 UTC+2

Bitcoin and Ethereum Maintain Strong Momentum

Following the signing of several legislative acts last week regulating the cryptocurrency sector in the United States, Bitcoin and Ethereum are showing solid confidence. This step, anticipated by many market

Jakub Novak 09:50 2025-07-22 UTC+2

Deep corrections and crypto winters are over for Bitcoin

After briefly pausing in response to Friday's news about President Trump signing three new bills regulating the digital asset market in the US, Bitcoin resumed its upward movement and reached

Jakub Novak 10:46 2025-07-21 UTC+2

Trading Recommendations for the Cryptocurrency Market on July 21

Bitcoin spent the weekend relatively calmly, trading within the range of $ 117,000 to $ 118,500, while Ethereum posted a solid gain, updating its monthly high to around $ 3,800

Miroslaw Bawulski 10:22 2025-07-21 UTC+2

Trading Recommendations for the Cryptocurrency Market on July 18

Bitcoin returned to the $121,000 mark today, but failed to hold above it. Ethereum broke through the $3,600 level. In addition to the fact that all necessary cryptocurrency-related bills passed

Miroslaw Bawulski 08:42 2025-07-18 UTC+2

Solana has the potential to continue its rally to the next resistance level on Friday, July 18, 2025.

Solana – Friday, July 18, 2025. With a Golden Cross condition between the EMA (50) and the EMA (200) as well as the RSI (14) in the neutral-bullish area, there

Arief Makmur 07:02 2025-07-18 UTC+2

Bitcoin Forecast for July 18, 2025

Yesterday, Bitcoin tested the support level of 117,730 with a long lower shadow on the daily candle and closed the day above the inner line of the green price channel

Laurie Bailey 04:46 2025-07-18 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.