empty
04.07.2025 07:27 AM
Trading Recommendations for the Cryptocurrency Market on July 4

Bitcoin has encountered significant resistance around $110,000, and it is unlikely to break through this level easily in the near term. Ethereum is also facing difficulties moving above the $2,600 mark.

Yesterday's U.S. labor market data served as a catalyst for selling risk assets, but the strong rally in U.S. stock indices helped save the cryptocurrency market.

Meanwhile, U.S. Senator Cynthia Lummis introduced a digital asset tax bill aimed at reforming the current tax code to better align with the digital economy and plans to submit it to Trump shortly.

This image is no longer relevant

Lummis has repeatedly emphasized the need to adapt tax policy to the realities of a new world in which digital assets play an increasingly significant role. Her bill represents an attempt to establish a clear and transparent taxation system for cryptocurrencies and other digital assets. Supporters argue that this would promote further development in the sector and attract investment. The proposed reforms aim to eliminate ambiguities in the current legislation and create a predictable environment for taxpayers.

If passed, the Lummis bill could have a significant impact on the U.S. crypto industry, creating more favorable conditions for innovation and investment. However, it's important to note that any changes in tax policy may have both positive and negative consequences, and a thorough evaluation of their potential impact on various stakeholders is necessary.

Regarding intraday strategies in the cryptocurrency market, I will continue to rely on major dips in Bitcoin and Ethereum, anticipating that the medium-term bull market remains intact.

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

This image is no longer relevant

Bitcoin

Buy Scenario

Scenario #1: I will buy Bitcoin today upon reaching the entry point at $109,400, targeting a rise to $110,400. At around $110,400, I will exit my long positions and sell immediately on the rebound. Before a breakout buy, ensure that the 50-day moving average is below the current price and that the Awesome Oscillator is in the positive zone.

Scenario #2: Buying is also possible from the lower boundary at $108,800 if there is no market reaction to its breakout, with a reversal back to $109,400 and $110,400.

Sell Scenario

Scenario #1: I will sell Bitcoin today upon reaching the entry point at $108,800, targeting a drop to $107,800. At around $107,800, I will exit my short positions and buy immediately on the rebound. Before a breakout sell, ensure that the 50-day moving average is above the current price and that the Awesome Oscillator is in the negative zone.

Scenario #2: Selling is also possible from the upper boundary at $109,400 if there is no market reaction to its breakout, with a reversal back to $108,400 and $107,800.

This image is no longer relevant

Ethereum

Buy Scenario

Scenario #1: I will buy Ethereum today upon reaching the entry point at $2,588, targeting a rise to $2,639. At around $2,639, I will exit my long positions and sell immediately on the rebound. Before a breakout buy, ensure that the 50-day moving average is below the current price and that the Awesome Oscillator is in the positive zone.

Scenario #2: Buying is also possible from the lower boundary at $2,563 if there is no market reaction to its breakout, with a reversal back to $2,588 and $2,639.

Sell Scenario

Scenario #1: I will sell Ethereum today upon reaching the entry point at $2,563, targeting a drop to $2,524. At around $2,524, I will exit my short positions and buy immediately on the rebound. Before a breakout sell, ensure that the 50-day moving average is above the current price and that the Awesome Oscillator is in the negative zone.

Scenario #2: Selling is also possible from the upper boundary at $2,588 if there is no market reaction to its breakout, with a reversal back to $2,563 and $2,524.

Summary
Urgency
Analytic
Maxim Magdalinin
Start trade
Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO

Recommended Stories

Recomendaciones para operar en el mercado de criptomonedas el 30 de julio

El Bitcoin continúa negociándose dentro de un estrecho canal lateral, cuya ruptura definirá su dirección futura. Ethereum muestra exactamente la misma dinámica. Mientras tanto, mientras piensas si vale la pena

Miroslaw Bawulski 09:15 2025-07-30 UTC+2

Recomendaciones para operar con el Bitcoin (BTC/USD) el 30 de julio según el sistema ICT

El Bitcoin continúa con la formación de otro flat en los máximos. Las correcciones del Bitcoin siguen siendo un fenómeno poco común. Los participantes institucionales del mercado siguen comprando

Paolo Greco 08:21 2025-07-30 UTC+2

Recomendaciones para operar con el Bitcoin (BTC/USD) para el 29 de julio según el sistema ICT

El Bitcoin continúa la formación de otro flat en los máximos. Las correcciones del Bitcoin siguen siendo un fenómeno raro. Los participantes institucionales del mercado continúan comprando el Bitcoin prácticamente

Paolo Greco 07:41 2025-07-29 UTC+2

El Bitcoin recuperó posiciones rápidamente

Aún el viernes pasado escribí que el Bitcoin había actualizado el nivel de $115 000, pero ya durante la sesión asiática de hoy observamos una prueba de resistencia

Jakub Novak 08:15 2025-07-28 UTC+2

Recomendaciones para operar con el Bitcoin para el 28 de julio según el sistema ICT.

El Bitcoin ha formado otro flat en los máximos, lo cual se ha vuelto bastante habitual últimamente. Seguimos observando correcciones del Bitcoin muy raramente. Los participantes institucionales del mercado continúan

Paolo Greco 07:22 2025-07-28 UTC+2

Recomendaciones para operar con el Ethereum (ETH) para el 28 de julio según el sistema ICT.

El Ethereum continúa su fuerte movimiento ascendente, y ni siquiera muestra intención de corregirse. El precio se mantuvo varios días en el mismo nivel, pero no vimos una corrección significativa

Paolo Greco 07:22 2025-07-28 UTC+2

Recomendaciones para operar con el Bitcoin (BTC/USD) el 24 de julio según el sistema ICT.

El Bitcoin ha formado otro flat en los máximos, algo que últimamente hace con bastante frecuencia. Las correcciones del Bitcoin seguimos observándolas muy raramente. Los participantes institucionales del mercado continúan

Paolo Greco 07:22 2025-07-24 UTC+2

Recomendaciones para operar con el Bitcoin (BTC/USD) el 23 de julio según el sistema ICT.

El Bitcoin ha formado otro flat en los máximos, algo que últimamente hace con bastante frecuencia. Las correcciones del Bitcoin seguimos observándolas muy rara vez. Los participantes institucionales del mercado

Paolo Greco 08:26 2025-07-23 UTC+2

Criptomercado: la temporada de altcoins gana impulso

Criptomercado: a mediados de este mes, el par DOG/USD volvió a la zona de mercado alcista de mediano plazo, permaneciendo también en las zonas de mercado alcista de largo plazo

Jurij Tolin 14:33 2025-07-22 UTC+2

Recomendaciones para operar con el Bitcoin (BTC/USD) el 22 de julio según el sistema ICT.

El Bitcoin comenzó un retroceso bajista después de alcanzar el nivel de 123 200$. Sin embargo, este retroceso por ahora es solo una palabra. Diríamos que el Bitcoin simplemente dejó

Paolo Greco 07:51 2025-07-22 UTC+2
¿No puede hablar ahora mismo?
Ingrese su pregunta en el 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.