Today, Brother Yang will analyze the BTC market on the morning of July 24, 2025. Recently, the market has been in a state of shock, and the long and short sides are competing with each other.

From the technical indicators, the long and short forces are now in a tug of war. However, in the short term, there is still a possibility of a rebound, but the strength is estimated to be limited. The key support level is in the range of 117,000-117,500. If it can be maintained, there is still hope to stabilize; the resistance level is in the range of 120,000-120,500. If you want to break through, it will be difficult.

Look at the MACD indicator again. The red column is shortening, but it has not turned green yet, indicating that the bulls are weakening, but the bears have not yet gained the upper hand. Moreover, the DIF and DEA lines have not formed a golden cross yet. It is really hard to say whether this rebound can continue. Everyone needs to be more careful.

There are also K-line patterns, such as "evening star" and "dark cloud cover", which are not good signals, suggesting that there may be risks of adjustment in the future. So when operating, everyone must be cautious.

Brother Yang gives everyone an operation direction. If the price reaches 117700, short nearby, and the target will first be 116700. If the market suddenly falls to 115000, it will be another situation. But again, everyone has different risk preferences. Everyone must choose a strategy based on their own situation, and must strictly abide by the stop loss discipline, otherwise, if you are not careful, you may suffer heavy losses. It is always right to be cautious in investing. I hope everyone can make money in this market! #BTC走势分析