Market Analysis on July 16, 2025

BTC broke through and reached around 123,000, with the daily line showing a short-term peak, and the trend exhibiting a volatile adjustment, with major support at 113,700. Today's support is at 116,000, with resistance at 118,500.

ETH's trend continues to showcase a sluggish performance, as the main cryptocurrency fluctuates independently with the daily line showing a volatile upward trend, getting closer to 3,500, with today's support at 3,000 and resistance near 3,150.

Important Reminder: Day trading emphasizes a fast pace; do not hold positions and turn short-term trades into long-term ones, as this defeats the purpose and the risk will continue to expand.

The above is for reference only; please treat it with caution.

Do not believe in so-called signals that claim to change your destiny; everything relies on your own efforts. Learning skills is more reliable than following so-called big players, as even big players can fall back to square one. The essence of trading is skills + mindset (the courage to accept losses), so trading itself is quite simple; the complexity lies in human nature (greed, panic, self-doubt, madness).

Therefore, to excel in trading, everyone must overcome these weaknesses and persist in doing one thing over the long term. #CPI数据来袭 #