Live Record Analysis: 2025/7/22

First, BTC is currently fluctuating between 116000 and 119500, and has not yet filled the gap in the CME range of 115000 to 114000. 121000 is an important resistance level for Bitcoin; whether it can reverse and rise to 130000 depends on a strong breakthrough and stabilization here. After touching 120888 last week, it retraced to 116000, which are very important points.

 Second, ETH is quite volatile. Today it rose to 3850 and then retraced to around 3620. We went long at 3651 to 3700, then short from 3700 to around 3638, making a back-and-forth trade. Since it's close to overnight, we decided not to operate too much to avoid long nights with many dreams. 3721 and 3784 can only be considered small-level resistance; let's see what kind of reaction there will be. ETH has many gaps, with significant ones at 3500 and 3000. The difference is too large, and many people are waiting to short at 4000 but haven't been given the opportunity yet. #BTC #ETH