Cryptocurrency Academician: On July 30, Bitcoin fell below a key support level. Is it a desperate counterattack or a bottomless abyss? Latest market analysis and reference suggestions.

CN
1 day ago

The essence of trading is survival, and only then 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 crypto circle academicians may not make you rich overnight, they can help you persist. Only those who survive in the crypto space for the long term and stick it out until the end can achieve the results they desire. I hope you understand.

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

Crypto Circle Academician: Latest Bitcoin (BTC) Market Analysis on July 30, 2025

The current price of Bitcoin is 117,500. It is now 3 AM Beijing time. The price has not yet dropped below 119,800. Currently, the daily K-line has just broken the first support level of 117,500 and has not stabilized completely. There is potential for a pullback. What we need to do now is to exchange time for space and wait for the market to settle before making further decisions. Until the market stabilizes, strict execution is required.

Before publishing, the daily K-line reached a high of 119,260 and a low of 116,900. The EMA15 has fallen below 117,530, and the EMA30 support is at 115,250. Pay attention to the Fibonacci retracement level of 0.786 support at 112,900. The MACD shows a continuous decrease in volume with bearish momentum increasing. The Bollinger Bands are contracting, with the upper resistance at 120,000 and the lower support at 116,300. The market has compressed to this extent, indicating that a new trend is beginning to brew, and we are at a critical point of potential breakout. For those who have not yet entered below 120,000, it is advisable to observe for now and watch us profit. For those already in, hold patiently.

The four-hour K-line has formed a small m-shaped trend and has broken the previous low, reaching the EMA120 trend support point at 116,600. The next wave will depend on whether the Bollinger Bands' lower support at 117,300 can hold. After all, the MACD has shown a continuous decrease in volume with increasing positions, and the DIF and DEA have formed a death cross, indicating a clear short-term bearish trend. If the pullback does not break 118,300, the bearish momentum remains. The key support below is 116,300. Aggressive traders can try to enter positions northbound, while conservative traders should wait for a rise before gradually entering southbound.

Short-term strategy reference: The market is never 100% certain, so always set stop-losses. Safety first; the goal is to minimize losses while maximizing gains. Especially when breaking key resistance and support levels, stop-losses should be executed without hesitation.

Northbound trial entry points are 116,500 to 115,500, with a stop-loss at 114,500, risking 500 points. The target is 117,500 to 118,500, with a breakout target of 119,000 to 119,500.

Southbound trial entry points are 119,800 to 120,500, with a stop-loss at 121,000, risking 500 points. The target is 118,500 to 117,500, with a breakout target of 116,500 to 116,000.

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 to be borne by the reader.

This article is exclusively contributed by the Crypto Circle Academician and represents the academicians' unique views. 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 views and suggestions may not be real-time and are for reference only. Risks are to be borne by the reader. Please indicate the source when reprinting. Manage your positions reasonably and avoid heavy or full positions. The academicians also hope that all investors understand that the market is always right. If you are wrong, you should reflect on 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 arises, 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 by heaven, goodness by earth, sincerity by humanity, trust by commerce, excellence by industry, and heart by art. Gains and losses often occur unexpectedly. Develop the habit of strictly setting stop-losses and take-profits for each trade. The Crypto Circle Academician 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。

币安三重礼遇!BTC包赔+注册返现+会员好礼!
Ad
Share To
APP

X

Telegram

Facebook

Reddit

CopyLink