Tongge 7.29 ETH trading plan
Enter the market around $ETH 1925-1940, stop-loss at 1960, first target 1870, second target 1850.
Yesterday, Erbing’s highest bounce reached 1928.9, exactly coming to the short-term pressure zone. After pushing higher, there was no effective breakout, indicating that sell pressure above this level still remains.
At the moment, 1925-1940 is the area where the short-term range is being renegotiated. If the bounce can’t break through this range, the short-term bias remains under pressure.
Below, focus on around 1850. This zone has shown support multiple times before.

Markets are now pricing in a 35.8% chance of a Fed rate hike, while reports suggest Citadel expects the Fed to raise rates this week.
If that happens, expect a sharp move across stocks and crypto.
Then all eyes turn to the Bank of Japan on 30–31 July. 🇯🇵
With Japanese rates at their highest level since 1995 and bond yields near multi-decade highs, another hawkish surprise could add even more pressure to global markets.
This week could set the tone for risk assets.
#FOMC #Fed #BOJ #Bitcoin #Crypto #Stocks #Markets #Macro

📰 Gate Plaza Daily｜July 29
What hot topics are worth watching today?
First read the daily roundup, then come to Gate Plaza to discuss the market and share your viewpoints.
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7.29 BTC Analysis
Analysis: Short near the rebound at 64,000–64,500, defend at 65,000, and watch 63,000–62,000.
For BTC from the hourly chart: after a rally to 65,700 in the early stage, it then fell sharply, with the low probing down to 62,600. After the drop, this is only a technical rebound and rebound repair. In the short term, the rebound price has hit moving-average resistance, and the rebound momentum is gradually fading; overall, the bigger picture remains weak. Volatility on the board is increasing—don’t chase the move up. Wait to enter at the rebound resistance level; strictly contro

Everyone is screaming like a bull.
Meanwhile, the biggest bull trap of this entire bear market may have just formed.
The July relief rally pushed Bitcoin back into the 200-week EMA, exactly as it did in 2022.
What followed then was a brutal August reversal.
#USD1StakingEarnUpTo8%APR #b$BTC ‌ ‌

No hype, no negativity—after this round of results came out, I even went back and rechecked it myself. After $STM repeatedly bounced around at the highs, it never managed to break out into a sustained continuation; instead, signs of weakening follow-through started to appear.
At the time, I chose a short position around 56.00. It wasn’t purely because I was bearish—rather, I saw that the rebound strength was insufficient. Each time it pushed higher, it failed to form a new driving force. When the price pulled back to 50.52, this judgment also received fairly direct confirmation.
The most commo

$$BANK’s drop is brutal—feels like riding a drop tower. In 24 hours it went straight from 0.3838 down to 0.1331, nearly a 60% plunge. Trading volume is $12.29 million, and panic sell orders are pouring out as holders cut losses. Put simply, the token right now is like discounted supermarket food that's about to expire—everyone is frantically dumping it, afraid of getting stuck with it.
Translate the live data in plain terms: price is 0.1397. Something that used to cost a dollar can now be bought for a dime and a few cents. But yesterday, people may have been rushing to buy it at 0.38. The huge

As of July 29, the bullish $66,000 accounts for 44%, while the bearish $62,000 accounts for 41%, with the two expectations highly close; the bearish $60,000 is only 16%, the lowest-probability direction in market consensus. In the short term, there is a significant divergence between bulls and bears, with no one-sided expectations.

7.29 Market Overview Analysis
Er Bing Silk Road reference layout
Entry range: around 1920—1950
Zhi Sun: above 1980
First target: 1870, second target: 1820
Er Niang is currently stuck in the 1855-1929 range. Now it’s near the upper resistance at 1929, and this level can’t be broken through twice.
If US stocks strengthen and divert capital away from the crypto market, and if tech stocks keep surging, it will be difficult for Er Niang to lift on its own.
For the short term, focus on whether 1929 can break through with volume: if it breaks upward, the target is 1950; if it can’t, it wi

$SKHYNIX Hynix’s earnings exploded, but shares plunged 9%! The South Korean stock market directly triggers the circuit breaker— is this wave of panic a “gold pit” or an endless bottomless pit?
Brothers, SK Hynix really stunned everyone with this move.
In its financial report: revenue of 79 trillion won and operating profit of 60.5 trillion won—both hit new historical highs. So what happened? After-hours, it crashed straight down by 9%. The Korean KOSPI index triggered the circuit breaker mechanism, and algorithmic trading was paused for 5 minutes.
There’s only one reason—market expectations w

【$BEAT Signal】Long Side Strike: 1H Bollinger squeeze + strong buy-side support
$BEAT The upper band of the 1H Bollinger Band is at 3.5215, and the current price 3.386 is hugging the middle band. The buy-side depth is 1.37, and the intent to provide a capital backstop is fully exposed. RSI is 58.88, and momentum has not yet exhausted. On 4H, the MACD bearish histogram bars narrow, and sell pressure weakens.
🎯Direction: long
⚡Entry/Orders: 3.37584 - 3.38600
🛑Stop loss: 3.35214
🚀Target 1: 3.43679
🚀Target 2: 3.46219
🛡️Trade management:
- Execution strategy: After reaching Targ

JUST IN: Banks reportedly issued margin calls to hedge funds amid AI stock slides and rising volatility, tightening collateral as tech names slide and the Nasdaq churns. $AI (example)

How to financially wipe out the old-world middle class?
1. Dilute their cash wealth through inflation
2. Destroy their career moat with a technological revolution
3. Split asset prices to widen class divides—those without scarce, high-quality assets get eliminated.
4. Eliminate “those who don’t learn” through information asymmetry

This short position was able to be held and taken down this time—not because I chased the sell-off to get in, but because I waited for higher levels to be taken over again and again as the bids kept weakening. After the price had pushed up for a stretch, it clearly spiked and then rolled back. The detail I was watching was that the rebound lacked strength. I confirmed the plan around 5.542, and ultimately it returned to 4.591; the paper result shows +826.38%.
In the middle, it was actually quite grindy. A few needle-like pokes almost disrupted the rhythm. The order book looked like it might pu

Now we just need to see whether it can hold at the 63 level. If it breaks below, it means the earlier rally from 57 to 67 is completely over, and what comes next will be lower and lower. You can try to grab a minor rebound near 63, but don’t hold too much hope: if it can’t rise past 65.5, then it still has to keep dropping; if the rebound is strong, it could reach 65.2, but if it’s weak, it won’t get past 64.4. If 63 truly breaks, then we’ll have to watch 60. However, if it suddenly gains momentum and pushes through 65.5, then the 67.2 area above will most likely get swept once more. $BTC $ETH

Gold is still in a corrective downtrend.
After rebounding from the July low, it met resistance near $4,170, then the market formed a series of lower highs below the downtrend line.
Current price is encountering support around $4,020–$4,010, so selling at current levels is unwise.
A better selling opportunity would be if the price rebounds into the $4,065–$4,095 resistance zone, which overlaps with the trend line and the prior supply line.
If the rebound weakens and encounters resistance again, that would indicate sellers are defending the structure.
Then #XAUUSD may break below $4,020, test t

Ethereum Network Activity Reaches New High as Blockchain Adoption Accelerates
Ethereum continues to strengthen its position as the world's leading smart contract blockchain, with network activity reaching impressive new levels. Increased transaction volume, expanding decentralized applications, and growing institutional interest demonstrate that Ethereum is evolving far beyond a simple cryptocurrency. The network has become the foundation for decentralized finance, tokenized assets, NFTs, and next-generation blockchain innovation.
One of the primary drivers behind Ethereum's growth is the rapi