Are there still opportunities in the market? After Sun's massive sell-off of the whales, the logic of the huge selling pressure on Bitcoin yet not breaking 115,000. How to assess the weekend market
July 25 Video Summary
Turning Point
7/31 Interest Rate Decision Short-term rate hike or cut probabilities
8/1 Tariff Expiry Major brand negative news Final results to be announced (Trump's heavy hand and light hand)
July Non-Farm Payroll data release
BTC Mainly fluctuating
Lower range defense at 115,000-114,600 with back-and-forth oscillation
Upper range resistance at 118,400-120,000 with back-and-forth oscillation
ETH Mainly bearish, defending against news sell-offs
If you already have short positions, it is recommended to take 50% profit around 3,575 to secure gains
Lower range defense at 3,520-3,475 with back-and-forth oscillation
Upper range resistance at 3,775-3,825, hanging short orders
Enter first position around 3,750 at 2%
For altcoins, continue to be optimistic about WCT, with a cost of 0.33 able to double, just buy carelessly as long as it returns near 0.33