As of the morning of July 25, 2025, the price of Bitcoin has shown some volatility. It has significantly decreased from a midnight high of $119,376, dropping to a low of $118,323, and then remaining in a range-bound state.
From a technical perspective, the MACD indicator continues to show a death cross, with the energy bars expanding, and the two lines crossing below the zero axis to form a death cross, indicating a bearish market trend. The RSI (14) is at 65, which is neutral to strong, approaching the overbought threshold. The CCI has broken +100, entering the overbought zone, and the Ultimate Oscillator (UO) at 71 is above the neutral line, indicating a multi-period momentum resonance upward, but caution is needed regarding the short-term pullback risk due to overextended upward momentum.
In terms of capital flow, a net outflow of 0.28% from whales on July 24 indicates that institutions are primarily focusing on structural repositioning, with a significant difference in outflows and inflows among mid-sized whales, showing that medium investors are cautious about high price levels. Additionally, on July 24, a total of 3,304 people were liquidated within 24 hours, with a total liquidation amount of $35.8917 million, and the ratio of short liquidations over a 4-hour period reached as high as 98.6%, reflecting the significant impact of price fluctuations on leveraged investors.
Overall, it is recommended to adopt a strategy of selling high and buying low for Bitcoin on July 25, with the possibility of going long around $115,000 and targeting $118,000.
However, it should be noted that there are still many uncertainty factors in the market, such as changes in the macroeconomic environment and adjustments in regulatory policies, which may affect the price of Bitcoin.