Bitcoin CME Futures: Technical Update - August 2, 2025

As of 12:20 PM UTC on August 2, 2025, Bitcoin CME Futures have dropped to 113,700 on the 1-day Heikin Ashi chart, reflecting a 2.35% decline from 115,300. This follows a recent peak near 118,325, with the price now testing support around 113,440. The 115,300 level remains a key resistance, and a strong close above it could target 119,500. However, the current downtrend suggests caution, with support at 112,000 critical to avoid a deeper bearish move. The neutral zone of 114,425–115,675 is now under pressure, and traders should watch the weekly close for trend confirmation.

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