BTC will adjust tonight and rebound tomorrow—Latest insights and analysis from global top traders on July 29, 2025.
1. Cryptocurrency Market Quick Update
1. Altcoin Market
BTC.D is forming a short-term bottom, and altcoins need a few days to adjust.
2. Total Market Cap of Cryptocurrencies
The 4H chart shows a pullback; overall, it is still moving sideways, and it will likely retrace to the EMA144 moving average in the coming days.
3. Liquidation Heatmap
From the weekly liquidation heatmap, it is highly likely that prices will rise above 120K in the coming days to kill the shorts.
4. Fear and Greed Index
Fear and Greed Index at 63, still in the greed level.
4. Quick Update on Cryptocurrency Bloggers
1. Top Trader Pigeon Eugene Ng Ah Sio
Pigeon updated last night:
I don't particularly like SUI's strength because there were insider tips about the Treasury collaboration. Personally, I don't think this news is particularly significant, and I'm not sure how many positions have been pre-arranged, so I have already taken profits from my long position.
Today, the Treasury collaborations of BNB and SUI were announced... so who will be next?
Updated at 9:44 PM Beijing time on the 29th:
My judgment for the next phase is that there will be very few coins that can provide better risk-adjusted returns than BTC/ETH in the coming months. Indeed, there may be some sudden explosive meme coins, but trying to preemptively position for these coins is like playing a high difficulty mode.
So I may focus more on mainstream coins and reduce risky bets on small coins.
Instead of chasing the next hot on-chain coin to be repeatedly harvested, it's better to go all-in on ETH, lie down for three months, earn 50%, and save some mental stress.
(Pigeon took profits on SUI last night; the next coin to attract financial institutional buying will likely rise sharply, similar to ETH and SUI. Trading mainstream coins is much less difficult than trading altcoins, so he will try to focus on mainstream coins.)
2. Trader Vivian
Updated at 8:06 AM Beijing time on July 29:
Daily close update:
The daily close is above TGIF (117777), and the structure has not been damaged, so the plan to go long on Wednesday remains valid.
So can we go long now? Yes.
But when to start? Tomorrow afternoon (after lunch) (Beijing time, the early morning of the 30th).
We may consolidate at a low level for a while, and altcoins will continue to decline because BTC.D (Bitcoin dominance) is in an upward trend. A significant drop to 108K is expected next week, and altcoins will remain in a downward trend.
If the Fed does not raise interest rates on Wednesday, Bitcoin will at most rise to around 120K, not more.
Don't trade during the Asian session, London session, or New York early session. Start positioning between the New York afternoon session and the next London session.
I will do it with you, I hope you understand.
Spot investors pay attention: If you hold mainstream coins like SOL and ETH, you can continue to hold and add to your position on dips. However, if you are invested in air coins like fartcoin and popcat, some of them are being dumped (rug) in this wave. Even if you plan to add at 108K, it may not save you.
Updated at 8:18 PM Beijing time on the 29th:
Good morning, just a reminder, we will gradually establish BNB long positions between 10 AM and 12 PM today (Eastern Time), with an average entry price between 811 and 800, targeting a push to 888 by Wednesday.
I’m letting you know in advance so you can arrange your time to participate. Entry will be distributed during the time from the New York midday session to the London opening. Today, the price is likely to stagnate in the current area, the building process is slow, but the target will be achieved relatively quickly.
Expected holding until tomorrow noon. The position size is around 5000.
ETH is also a relatively safe choice, with an average entry range between 3666 and 3777, targeting 3888 to 4000.
Altcoins usually perform poorly during rebounds, so please stick to the coins I mentioned. A sudden 'massive hammer' (flash crash) is expected between tomorrow and August 3.
The chart of fartcoin is a preview or forecast of what will happen to meme coins soon.
Please pay attention to risk management and be sure to set stop losses. Position sizes should be reasonable, and even if you have to stop loss, it should be manageable.
During the FOMC, prices may fluctuate sharply in both directions, so high leverage is a foolish move. Please remain rational tomorrow.
Additionally, just a reminder, hold a maximum of one to two positions tomorrow.
Only choose the coins I suggested, not because other coins are bad, but because we do not need to take unnecessary volatility risks.
For example, I lost on SUI, not because it won't rise, but because its volatility during this time is really torturous. Even if I make money tomorrow, it's not worth enduring today's pressure, so I chose to take a loss and exit.
Some coins will experience significant volatility before rising, while BNB and ETH have smaller fluctuations, making them more suitable for holding emotionally.
(Vivian will slowly build her long position from midnight Beijing time tonight to tomorrow afternoon, aiming to rise to 120K on Wednesday night and then flatten her long position.)
3. Top Trader Joshua
Updated at 11:47 AM Beijing time on the 29th:
Macroeconomic data will be released on Wednesday, Thursday, and Friday, so the direction will likely become clear only after Friday.
Updated at 9:40 PM Beijing time on the 29th:
I believe PUMP will continue to buy back, so try to enter the market, with a stop loss set at 5%.
(Joshua thinks the market will oscillate until Friday before it shows direction. He just entered a pump and is down 5% with a stop loss.)
4. Top Trader Altcoin Sherpa
Updated at 8 PM Beijing time tonight:
The daunting $4000 threshold is approaching. Despite all the treasury purchases, I still remain optimistic about $ETH, but Ethereum hasn't traded above 4k for years. I'm not sure if it can break through this time, but I will keep watching.
In recent weeks, the market has been more inclined to buy coins with stronger fundamentals rather than speculative ones, which is quite interesting. For example, meme coins like $PEPE and $WIF have performed poorly, while $ENA and some large-cap coins have seen significant gains.
I don't think this situation will continue indefinitely, but regardless, this phenomenon is still worth paying attention to.
(Sherpa believes that ETH is unlikely to break through 4000 all at once and will need to test it several times. Recently, meme coins have performed far worse than application coins and mainstream coins.)
5. Top Trader Nachi
Updated at 1:28 AM Beijing time on the 29th:
After Ethena successfully launched its $ENA Digital Treasury plan and attracted market attention, today $SUI and $BNB also launched similar large-scale treasury operations. These treasury plans are essentially like a 'new generation ICO' involving large funds and whales in this cycle.
Next, it is basically foreseeable that all top projects, especially the top 50 coins, will almost certainly launch their own Treasury operations. This is not only a way to attract institutions, funds, and whales to enter the market but may also become an important driver for project valuation increases and capital inflows.
So the question arises: Who are you most looking forward to launching the next digital treasury plan?
Is it the established public chains $XRP, $DOGE, $ADA, or the emerging $TAO? Or is it another popular coin that you already have in mind?
(Nachi and Pigeon have similar views, believing that financial reserve institutions will drive up the prices of mainstream altcoins. The next step is to preemptively position for the next altcoin that will launch a financial reserve plan.)
6. Wave Theory Liu Yudong
July 29, 2025 Daily Chart
A small bottom was seen on July 25; as long as it does not drop below 115738, it is considered that the fifth segment of the red line is in an upward phase, unless it drops below 114723 again, which would mean a continued adjustment at the 123218 peak.
But even if this situation occurs, it will rise again after the end.
(Liu Yudong believes that as long as it does not drop below 115738, it is in an upward wave. Even if it drops below 114723, it only extends the adjustment period. In short, the BTC bull market has not peaked yet.)
5. Summary
Last night, based on Vivian's prediction, I opened a long position, but the drop exceeded expectations. Today during the day, mainstream coins rebounded well, but altcoins barely moved. In the evening, US stocks opened high and then fell, dragging BTC down, and my SOL and BGB longs are now trapped.
Now Vivian has revised her expectations, believing that the adjustment will not stop until the afternoon of the 30th Beijing time. After tonight's drop, there will be a period of sideways movement, and she has lowered this week's BTC upside target to 120K. She will buy in batches to build her long position.
Liu Yudong is firmly bullish.
There are many significant meetings and data in the second half of this week, and market fluctuations are expected to be large, with a risk of a crash in early August.
Recently, these regular guests in our articles have repeatedly discussed the financial reserves of altcoins, considering this the main narrative of this bull market, driven by real buying power. So everyone should try to focus on mainstream coins and avoid obscure ones.
Statement:
The above information is for reference only and is not trading advice. The cryptocurrency market is high-risk; participation requires caution.
Community Introduction:
Crypto Quick Car is a community that aggregates high-quality content and helps retail investors grow in crypto trading. We are committed to:
• Select and summarize the latest market insights and analysis from top global traders.
• Aggregate and forward the paid group and internal group content of dozens of well-known bloggers from home and abroad, real-time forwarding of first-hand information.
• Community with zero entry barriers, friendly atmosphere, peer support and collaborative learning among retail investors.
• Advocating for learning, providing free learning materials and online training courses covering technical analysis, position management, and more.
• Continuously develop information processing and trading assistance tools to improve decision-making success rates and reduce time costs.
• Provide commission rebate services for mainstream exchanges, let's get back as much commission as possible from the exchange's pocket.