The essence of trading is survival, and only after that comes profit. Therefore, before each operation, think carefully about whether your actions are reasonable and whether your capital is safe. You need to develop a trading mindset that belongs to you, continuously optimizing and improving it. Although the suggestions from the cryptocurrency community may not make you rich overnight, they can help you persist. Only those who survive in the cryptocurrency space for the long term and stick it out until the end can achieve the results they desire. I hope you understand this.

I am a warrior in the cryptocurrency community, always protecting the investors. I wish my followers financial freedom by 2025. Let's work hard together!

Cryptocurrency Community Expert: July 17, 2025 Bitcoin (BTC) Latest Market Analysis

The current price of Bitcoin is 119,600. It is now 2:30 AM Beijing time, and Bitcoin is hovering around the 120,000 mark again. The upper level is no longer related to speculative funds; what remains is a struggle to hold on. Many cryptocurrency friends are asking where the upper level will return to. The bears have not finished harvesting yet, so the bulls will continue to stretch. Under the condition that the trend remains unchanged, the best approach is to test the support and try to follow the trend, opening long positions together, with defense placed below the support and including stop-loss orders. Safety first.

The daily K-line shows a high of 119,800 and a low of 117,000. The EMA trend indicator shows that all major trend indicators are pointing upwards. The MACD shows a decrease in volume with a top divergence, but the DIF and DEA are expanding at a high level, indicating that the short-term is encountering a phase of top pressure. Therefore, after Bitcoin stands above 120,000, you can look for a position to test the waters southward. Before that, pay attention to the strength of the EMA15 trend support point around 115,000. If the main force tests the support level, you can open long positions. The upper Bollinger Band pressure level is at 121,500, and the middle band support is at 112,000.

In the four-hour K-line, the historical high point is above 123,000. Currently, the K-line is around 119,500. As for whether the historical high is a head or a left shoulder, we will not consider that for now. As long as the K-line does not break the historical high, testing the waters southward is valid. If it breaks, then stop-loss and exit. In this market trend, the best defensive mode for speculative funds is to preserve capital and prioritize survival. The MACD shows a decrease in volume and an increase in positions, with the DIF and DEA contracting at a high level. The short-term bulls are still in a dominant position. The upper Bollinger Band is at 122,200, and the middle band is at 118,500. The strategy is mainly to short at high levels, and for the northward movement, it is recommended to wait for a pullback below 118,000 before considering.

Short-term reference: The market is never 100% certain, so always set stop-loss orders. Safety first; small losses and big gains are the goal.

For southward testing points, 121,000 to 122,000 is the breakout level, with defense at 123,000, stop-loss at 300 points, and targets looking at 120,000 to 119,000, with breakouts looking at 118,000 to 117,000.

For northward reference points, 116,000 to 115,500 is the breakout level, with defense at 115,000, stop-loss at 500 points, and targets looking at 118,500 to 119,500, with breakouts looking at 120,000 to 121,000.

Specific operations should be based on real-time market data. For more information, you can consult the author. There may be delays in article publication; the suggestions are for reference only, and risks are borne by the reader.

This article is exclusively contributed by the Cryptocurrency Community Expert and represents the expert's unique viewpoint. In-depth research has been conducted on BTC, ETH, DOGE, DOT, FIL, EOS, etc. Due to the timing of the article's release, the above viewpoints and suggestions may not be real-time and are for reference only. Risks are borne by the reader. Please indicate the source when reprinting. Manage your positions reasonably and avoid heavy or full positions. The expert also hopes that all investors understand that the market is always right. If you are wrong, you should summarize where the problem lies. Do not let the profits that should be yours slip away. There is no need to be smarter than the market. When a trend comes, respond and follow it; when there is no trend, observe and remain calm. It is not too late to act once the trend becomes clear. Tomorrow's success stems from today's choices. Hard work is rewarded, integrity is valued, and excellence is pursued. Gains and losses often occur unexpectedly. Develop the habit of strictly setting stop-loss and take-profit for each trade. The Cryptocurrency Community Expert wishes you happy investing!

Warm reminder: The above content is solely created by the author of the public account. The advertisements at the end of the article and in the comments section are unrelated to the author. Please discern carefully. Thank you for reading.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。