$PAXG

Market Analysis on July 31, 2025

(For reference only, not investment advice)

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Today's PAXG (Gold against USDT) on Binance's 1-hour chart shows a very typical structure of 'bull trap + bear reentry'.

🟡 Key observation points:

1. After a strong rebound yesterday, the price failed to break through the previous high (approximately 3314 USDT), forming a false breakout;

2. This morning, the price surged and then fell back, with the yellow uptrend quickly being engulfed by the blue downtrend, forming strong bearish momentum suppression;

3. The current candlestick has broken below the short-term moving average (blue), with some support around 3302 USDT (bottom of the green box);

4. MACD dead cross has initially appeared, and the momentum bars have weakened, indicating a short-term decline in bullish momentum and a risk of continued bearish movement.

🔴 Trade structure analysis (using the short position marked in the chart as an example):

• Entry position: near the red area (stop-loss above the structural high point)

• Take-profit target: near the bottom of the green box, or move the stop-loss to follow the trend

• Current price: approximately 3308.6 USDT, if it breaks below 3302 USDT, the bearish structure will be further strengthened

✅ Personal understanding

“This wave of market is a typical 'rise first, then suppress', where the bears give you a punch and then slap you again, no martial ethics. The long-position brothers just saw the dawn, only to be pushed back to the floor. Our short position is precise, decisive, with clear stop-loss, and the pullback space is promising.”

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Note: Trading involves risks, and the above content does not constitute investment advice; please make independent judgments.