The essence of trading is survival, and then comes profit. So before each operation, think clearly about whether your actions are reasonable and whether your capital is safe. One should develop their own trading mindset, continuously optimize and improve it. Although the suggestions from the scholar in the cryptocurrency circle may not make you wealthy overnight, they can help you stay in the game. Only those who survive in the cryptocurrency circle for the long term and persist until the end can achieve the results they desire. I hope you can understand.
I am a scholar in the cryptocurrency circle, a warrior who has always been protecting the 'leeks' (newbie investors). I wish my fans achieve financial freedom by 2025. Let's work hard together!
Scholar in the cryptocurrency circle: Latest market analysis of Bitcoin (BTC) on July 23, 2025.
The current price of Bitcoin is 119150. It is now 1:30 AM Beijing time. Bitcoin has returned to around 120000. Friends in the northbound position at 116000 should consider getting off the bus, as the market has provided another opportunity to go south. The bullish strength has weakened significantly. At this time, if the short-term profit exceeds 2000 points, it is advisable to take profits. As always, keep looking for opportunities to go south. For short-term trading, everyone can enter and exit quickly to prevent the risk of a pullback. The larger trend has not broken down; the best approach is to wait for a pullback to support below 117000 before going north to test positions, which will significantly increase the accuracy.
Before publishing, the highest K-line was 119600 and the lowest was 115850. The EMA trend indicator continues to stretch upwards, with the EMA15 trend fast line having reached 116300. EMA30 has broken the division line at 786, and the MACD shows a decrease in volume while increasing positions, with clear divergence upwards. The top divergence trend is evident, with the DIF and DEA forming a dead cross. The pressure on the upper Bollinger band is moving down, and the middle track support at 115000 is effective. The strategy is to go north if the middle track does not break; above 120000, consider trying positions southbound.
The four-hour K-line doji still has a top pattern, and the previous bullish engulfing still indicates that the current bullish trend remains, although the bullish momentum is slowing down. EMA15 and 30 overlap at the line 118000, and MACD shows an increase in positions. The K-line has moved down, and after touching the upper Bollinger band, it was pushed down, indicating that the pressure at 119500 is effective. Pay attention to the short-term support at the middle track 118000 and the lower track support 116000. The current strategy is mainly southbound, and we will not consider northbound for now; we will discuss it after the bottom is reached.
Short-term strategy reference: The market is not 100% certain, so always set a stop loss. Safety first; the goal is to minimize losses while maximizing gains. Especially when breaking key pressures and supports, setting a stop loss is still necessary. Don't hold onto losing positions.
Northbound trial positions from 116500 to 116000, with a stop loss at 115500, risking 500 points, aiming for targets from 117500 to 118000, and if broken, looking at 118500 to 119000.
Southbound trial positions from 119000 to 119500, with a stop loss at 120000, risking 500 points, aiming for targets from 118000 to 117500, and if broken, looking at 117000 to 116500.
Specific operations should be based on real-time market data. For more information, you can consult the author. There may be delays in publishing articles, and the suggestions are for reference only; the risk is borne by yourself.
This article is exclusively provided by the scholar in the cryptocurrency circle and represents the scholar's unique perspective. In-depth research on BTC, ETH, DOGE, DOT, FIL, EOS, etc. Due to the timing of the article's push, the above views and suggestions are not real-time and are for reference only; the risk is borne by yourself. Please indicate the source when reprinting. Control your position reasonably and do not operate with heavy positions or full positions. The scholar also hopes that all investors understand that the market is always right. If you are wrong, you should summarize where your problems lie and not let the profits that should have been earned slip away. It is not necessary to be smarter than the market when investing. When a trend comes, follow it; in the absence of a trend, observe and remain calm. It is not too late to act after the trend becomes clear. Tomorrow's success comes from today's choices. Hard work is rewarded by heaven, kindness by the earth, sincerity by humanity, trust in commerce, excellence in profession, and heart in art. Gains and losses often occur unexpectedly. Develop a strict habit of setting stop losses and take profits for each trade. The scholar in the cryptocurrency circle wishes you a pleasant investment experience!
