July 29, 2025 Market Analysis: Key Levels and Trading Strategies
$BTC is currently in a phase of oscillation choosing a direction, with the four-hour level indicating an imminent breakout.
Key focus on several critical resistance levels: the second high point at 121000 and the third high point at 120300. If these levels cannot be broken, caution should be exercised regarding the risk of a pullback. The daily trading suggestion is to attempt short positions lightly in the 119800-121000 range, with a stop loss set above 121000. Support should be monitored sequentially at 117500, 116500, and 115000; a break below could trigger a deeper pullback.
$ETH shows a clear pullback trend at the four-hour level, with 3830 becoming the dividing line between bulls and bears. If this position cannot be broken, it will continue to test the 3730 support; if lost, it may test the 3600-3530 area. Only if the four-hour close stabilizes above 3830 is there a chance to challenge the 3900-3950 resistance zone again.
$SOL has broken at the daily level, with the 188-190 range forming strong resistance. Support levels below are at 175, 165, and 160. A four-hour close above 190 is needed to reverse the downturn, with upward targets in the 195-205 range.
Market volatility is increasing; it is essential to strictly control position sizes and set stop-loss and take-profit levels. At crucial moments of directional choice, it is better to miss an opportunity than to make a mistake. Patiently wait for confirmation of a breakout at key levels; this is the prudent way to operate.
