Friday Summary, July 25 early Saturday: Bitcoin & Ethereum Market Analysis and Trading Suggestions Those who follow the trend flourish; those who fight it suffer. Never clash with stubborn chart trends head-on. Looking back at Friday, the market continued the bearish trend throughout the day, showing a weak pattern of one-way downside. In the morning there was a small rebound: BTC spiked upward to 65,780 and ETH rose in parallel to around 1,909, but neither managed to hold above the overhead pressure zone. Price kept falling under pressure, repeatedly breaking through multiple layers of support. In the evening, the selloff accelerated further—BTC’s low reached 63,666 and ETH’s low probed down to 1,846; both successfully hit the stop-profit target points mentioned in the strategy guidance. Throughout the day, the overall plan remained firmly bullish for the downside (bearish), and it was not swayed by the brief minor rebound. The market structure and layout were aligned for short positions; BTC captured a total of 2,785 points and ETH captured 75 points of space. If anyone has been going against such a clearly weak structure and got caught in a position, you can follow the same plan and steadily take profits. From the current perspective, after consecutive declines the market has entered low-level consolidation, but the bearish “head” structure remains intact. Daily timeframe: it formed a three-day consecutive bearish candle pattern; the large bearish candle broke below the midline support directly, and clear resistance has formed above, with the overall center of gravity continuing to shift lower. 4-hour timeframe: since making the 66,924 new high, price has kept sliding downward; overhead selling pressure is heavy. Near the key resistance around 65,500, an evening star k-line pattern formed. If it still fails to return and trade back above the overhead resistance area for a long time, there remains risk of another round of further downside. Hourly timeframe: the stepped-down structure is obvious; rebound strength is weak. It is still consolidating at low levels. Before any clear stop-the-fall signal appears, don’t blindly try to pick bottoms. The approach remains “follow the trend—rebounds to sell from higher levels.” With weekend liquidity being thin, control your positions. BTC: around 64,600, targets 63,000 → 62,500 ETH: around 1,880, targets 1,825 → 1,800 #直通IPO第二期JerseyMikes $BTC ‌$ETH ‌

How should BTC be positioned next week? 1. On the daily and 4-hour charts, the lows continue to rise. Stepwise support keeps moving up, and every deep pullback is quickly reclaimed with no ground lost. The bulls show strong follow-through, forming a standard uptrend range-trading breakout-and-pullback (washing) structure. ​ 2. The moving averages gradually turn upward. During pullbacks, volume shrinks, while during rebounds, volume expands. Volume and price action are healthy together. The short-term consolidation is only a continuation of the rally and will not reverse the long- and mid-term bullish trend. ​ For long-term positioning, place bids in batches around the key supports at 63,800 and 62,800. Targets are around 68,000–70,000 $BTC $ETH #直通IPO第二期JerseyMikes

I originally wanted to cut my loss to “pay tribute to the heavens,” but I couldn’t even manage to sacrifice to the sky—an empty position (short) cooked up its own profits first. Just after watching that rebound following the bad news, it was clear it couldn’t hold. When the market hadn’t fully started yet, I noticed the rally lacked volume: trading volume was low, it went up but nobody was picking up the bids. I judged the rebound was weak, with an even more prominent risk of further downside—so I instructed following the plan to set up a short position. The entry price was 0.4506. Now the price is at 0.3033, and the unrealized profit is recorded as +801.06%. This run is really爽, but the better it goes with the wind at your back, the easier it is to forget to rein in your risk. I’ll take 80% profit first, and keep the remaining 20% for a potential continuation of the drop. I’ll move the protection level back to around the cost basis. If we keep probing lower, let the profit run on its own—if a retracement appears, hold the gains in time. As long as the trend hasn’t broken, hold it. If it breaks down, run—don’t fall in love with the order book. It’s better to miss a move than to get suddenly counter-pulled while chasing shorts. Now isn’t the time to rush. Wait for the next wave of signals and quietly await good news. $BTC $ETH