1. Cryptocurrency Market Overview Quick Update

1. Altcoin Market

BTC's market cap ratio has seen the largest weekly drop in three years (5.8%), and a weekly reversal signal has just appeared, indicating that altcoins can continue to rise in the next few weeks. We can confidently hold our altcoin positions.

2. Total Cryptocurrency Market Cap

The total cryptocurrency market cap continues to rise strongly after breaking historical highs on a weekly basis, with no pressure levels for now.

3. Liquidation Heat Map

From the weekly liquidation heat map, the liquidity between long and short positions is not significantly different.

4. Fear and Greed Index

The fear and greed index is 67, which is not too high.

2. Cryptocurrency Market News Quick Update

What has happened in the past few hours:

• Trump's media company purchased $2 billion worth of Bitcoin

• A new Ethereum Treasury Company has been established (with a scale of $1.5 billion)

• Saylor (CEO of MicroStrategy) bought nearly $800 million worth of Bitcoin again.

• More and more companies mimicking MicroStrategy are beginning to invest nine-figure sums regularly.

• A new Solana Treasury Company has been established (with a scale of $200 million)

• BitGo plans IPO

• A cryptocurrency policy report will be released tomorrow.

• The SBET conference is scheduled for July 24

• MicroStrategy is about to announce its financial report

3. Large Order Quick Update

1. BTC Spot Orders

The purple line in the image represents sell orders, while the green line represents buy orders. In the image, BTC's sell orders are concentrated at 120K, 121K, 122K, and 123K, forming resistance levels, while buy orders are concentrated at 116K, which serves as a support level.

2. ETH Spot Orders

From the image, we can see that there are concentrated sell orders for ETH at 3990, while the buy orders below are relatively scattered.

4. Cryptocurrency Blogger Quick Update

1. Top Trader Pigeon

Pigeon will update tonight:

Everyone please remember, the core idea is to position in advance for institutional buying and selling.

Don't forget the last part (selling).

(Pigeon reminds to run faster than institutions; not only to buy early but also to sell early.)

2. Trader Vivian

Updated at 7:53 AM Beijing Time on July 21:

Weekly closing update:

BTC shows reversal candlesticks, while ETH shows breakout candlesticks.

BTC closed below TGIF (118.2K), showing signs of local weakness.

The following operational plans are as follows:

• Closing local long positions at TGIF (118.2K) and ETH 4000.

• $BTC showed bearish retreat at the Asian open, falling to the 116K area after retesting 118K.

• ETH has pulled back to the 3300 area.

• The upward target starting from the 116K area on Wednesday is 120-121K, not the previously expected 122-125K.

• Altcoins, especially ETH, will not stop rising this week, expected to rise from 3300 to 4444.

Summary:

• Closing local long positions at TGIF (118.2K).

• Long positions were re-entered early Tuesday morning.

• Long positions will be closed on Wednesday.

• On Thursday and Friday, intraday longs can be taken, but be careful, as BTC may suddenly show unexpected hammer candlesticks (bearish candlesticks) after 120K.

I hope everyone understands.

(All times are Eastern Daylight Time)

Since many of us are trading LTC, the path for LTC is 122, 109, 130.

Updated at 10:18 AM Beijing time on the 21st:

Gradually build leveraged long positions since last week. If you are in the trading range, you should only build positions on spot and also take partial profits on LTC. All swing trades must set stop-loss (SL) at breakeven (BE) or higher if planning to hold leveraged positions.

Prices have re-touched the target, strictly closing long positions.

Updated at 6:03 PM Beijing time on the 21st:

Don't short now; if it were possible, I would have told you last night.

We need to see a 4-hour candlestick close below TGIF before entering a short position; be patient.

Currently watching ETC because many of us were trading LTC before. I triggered some automatic profit-taking near 122 last night. After that, I will add positions at a lower level and let it run to 222. I believe it may go up to 130 before fully retracing. You can start to gradually reduce positions if you want.

It has already happened; the closing at 8 AM was indeed below TGIF.

We will enter long positions during the London session on Wednesday. If you don't have leveraged long positions now, just wait a bit.

Confirm that you have seen this message. If you hold short-term long positions, please set stop-loss at breakeven.

Newcomers should just follow what I say. The following are altcoins prepared for experienced traders:

FUN, ETC, ATOM

Stop-loss should be set tightly because this is a counter-trend trade (short position).

(Vivian believes BTC will first drop to 116K or even slightly lower, then start rising on Wednesday, targeting 121K. Tonight, she will short several altcoins.)

3. Top Trader Joshua

(Joshua hasn't updated in the past two days, but let's review.)

4. Top Trader Altcoin Sherpa

Fartcoin has consolidated at $1.45 for a full 11 weeks and is about to break out.

Current holdings: $PUMP, $ETH

Current inactive spot holdings: $BTC, Fartcoin

Still staking some $HYPE, but I think it is not a very good active trading target at the moment.

However, there are many other good coins right now, such as: Doge, ENA, XRP, and a whole bunch more.

(Sherpa believes Fartcoin will break out and still holds the above coins.)

5. Top Trader DonAlt

Updated this afternoon:

$SOL Update:

Second Attempt.

I prefer ETH, but this chart is also okay.

If this resistance breaks, I don't think it will stop at the previous historical high.

(DonAlt believes SOL is not as good as ETH, but SOL is trying to break the resistance level again. If it breaks successfully, it could reach new historical highs again.)

6. Top Trader Pentoshi

Updated last night Beijing time:

BTC's market cap ratio has seen the largest weekly drop in four years.

Enjoy the upcoming weeks. Everything is going smoothly! We have already seen significant gains this month.

ETH is rapidly rising.

I don't know where it will peak after reaching a new high; it's too early to guess now.

But we all know that sometimes the market can indeed be 'incredibly foolish.'

The current weekly and monthly patterns are very wild. Additionally, these Ethereum treasury companies started buying just a month after their establishment, each competing for that 1% supply.

(Pentoshi believes BTC's market cap ratio has seen the largest weekly drop in four years, and altcoins will continue to rise in the next few weeks. ETH's weekly and monthly lines have just started, and traditional financial institutions are continuously buying in. It's currently impossible to predict where it will rise to.)

7. Wave Theory Liu Yudong

July 21, 2025 Daily Chart

Since peaking at 123218, it has adjusted in three phases, with the second phase eating up 0.7 of the first phase. 120973 has played a role as resistance. This adjustment may be in the form of a platform or a combination shape, with support between 115657-113872. The downward adjustment period is between July 14 and July 27; the adjustment is still ongoing, and after finding the adjustment endpoint, it will push towards 132669.

(Liu Yudong believes BTC could drop to between 115657-113872 at the lowest, and the adjustment will end before the 27th, before BTC rises to 132669.)

5. Summary

Vivian and Liu Yudong still believe BTC needs to continue adjusting. Their views on the time and extent of the adjustment are surprisingly similar; it will bottom out before Thursday. For the next upward target, Vivian only sees 121K, while Liu Yudong sees 132K. Based on past experience, Vivian's upward predictions are not accurate, so I will temporarily refer to Liu Yudong's levels.

Although BTC has been adjusting these days, it does not affect the performance of altcoins, ETH is almost at 4000, and SOL has also broken through the 188 resistance level. At this time, one should hold their positions and not close them unless they are chasing the rise.

I personally entered PUMP in batches from the day before yesterday to today, with an average price of 0.00419. Today it almost hit my breakeven loss three times. I chased the breakout at SOL 188, reopening the positions I closed at 175. I re-entered at BGB 4.96, and opened a small position in launchcoin at 0.106. Other altcoins were missed, and I didn’t chase them.

I deeply regret closing positions last week; I shouldn't have done it, and I missed out. On June 22, I bought SOL at 126.6, sold at 140, and bought back at 147. This time I'm looking at 188...

If there's a major drop in the next few days, I'll buy back altcoin positions. If it goes up directly, that's fine; the current positions can still earn a lot.

Short-term market trends are hard to predict, and there's no need to predict them. The overall trend is upward; everyone should follow the rhythm and trade accordingly; it's just a matter of earning more or less. We captured three very critical entry opportunities this year in early April, late June, and early July. The next most important thing is to lead everyone to escape the top. Besides observing the market analysis of top traders, I will monitor indicators such as total market cap of altcoins, the fear and greed index, and Bitcoin's market cap ratio to notify everyone of any reversal signals to take profits and exit. If we can't exit completely, all previous efforts will be in vain, and everyone can remind each other. This time, we will definitely reach the other side.

Statement:

The above information is for reference only and is not trading advice. The cryptocurrency market is high risk; participation should be cautious.

Community Introduction:

Crypto Express is a community that aggregates high-quality content to help retail investors grow. We are committed to:

• Select and summarize the latest market views and analyses from top traders worldwide.

• Aggregate and forward the paid group and internal group content of dozens of well-known bloggers from China and abroad, transmitting first-hand information in real-time.

• Community with zero threshold, friendly atmosphere, mutual help and learning among retail investors.

• Advocate for learning, providing free educational materials and online training courses covering technical analysis, position management, etc.

• Continuously develop information processing and trading assistance tools to improve decision-making success rates and reduce time costs.

• Provide fee rebate services for mainstream exchanges, aiming to recover as much fee as possible from the exchanges.