Cryptocurrency Academician: On July 31, Bitcoin faces heavy pressure above, are the bears ready? Latest market analysis and reference suggestions explained.

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 cryptocurrency community may not make you rich overnight, they can help you stay in the game. Only those who survive in the cryptocurrency space for the long term and persist 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: Bitcoin (BTC) Latest Market Analysis as of July 31, 2025

The current price of Bitcoin is 117,700. It is now 1:30 AM Beijing time. The market is consolidating, and we will see how much impact tonight's news will have on Bitcoin. Before that, the technical aspect remains in a fluctuating pattern. One thing to remember is that the bullish trend has not been broken. The sideways market is expected to continue in the short term. For those who have already entered at high levels, congratulations. For those who have not entered, you can only wait for opportunities.

Before the article was published, the highest price was 118,750, and the lowest was 117,300. The main force is consolidating and distributing. It has been three consecutive days of sideways movement on the EMA15 trend indicator. A wave of upward movement to 120,000 followed by a pullback is expected. You can be patient. The MACD continues to decrease in volume and increase in positions. The DIF and DEA spreading downwards at high levels indicate that the bears are starting to increase their positions, attempting to disrupt the bullish pattern. The upper Bollinger Band has already broken below 120,000, and the lower support to watch is 116,600. This wave of pullback can be tested around 119,000 before starting to short.

The four-hour K-line is also consolidating. The EMA trend indicator's upper pressure level has reached 118,000. The K-line has been continuously pushing upwards. The EMA trend support to watch is 116,500. After the MACD decreases in volume and increases in positions, both the DIF and DEA lines have fallen below the 0 axis. The upper Bollinger Band is basically overlapping with the daily upper band around 119,500, while the lower band is at 117,000. The sideways box range has basically been determined. Friends who want to trade intraday can refer to these points. For trend trades, you can consult me.

Short-term strategy reference: The market is never 100% certain, so always set stop-losses. Safety first; small losses and big profits are the goal, especially when breaking key resistance and support levels. Stop-losses should be executed without hesitation.

For testing long positions, the entry point is 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.

For testing short positions, the entry point is 119,000 to 119,500, with a stop-loss at 120,000, 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 me. There may be delays in the publication of this article, so the suggestions are for reference only, and risks are to be borne by you.

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 to be borne by you. 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 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 comes, respond to 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-losses and take-profits 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。

OKX:注册即返20%,全网最高返佣,不薅白不薅!
Ad
Share To
APP

X

Telegram

Facebook

Reddit

CopyLink