Crypto blogger speedrun
1. Top Trader Dovish Eugene Ng Ah Sio
（Dovish has not updated）
2. Trader Vivian
BTC Long-Term Analysis:
Update starting at 8:08 AM on August 1, Beijing time:
The monthly closing is very strong, and we need not worry about the pullback at the beginning of the month; any decline is a buying opportunity.
Local pullbacks are strong buying points. The monthly closing confirms my plan to buy on the pullback from August 8.
All buying positions have been published in their respective sectors.
Update at 22:26 on August 1, Beijing time:
Please be on standby between August 8 and 9; you have almost received nearly 20 days' notice in advance.
If you miss it, the responsibility is on you; if you seize the opportunity, at least you can hold it for 30 days without moving.
ETH Long-Term Analysis:
Update at 8:08 AM on the 1st, Beijing time:
Investment strategy for ETH spot investors:
2888 and 3100 are buying ranges. If there is no pullback to these two points on August 8-9, we will buy at the prices at that time. The next profit target is 4444.
BTC Short-Term Market Analysis:
Update at 8:00 AM on August 1, Beijing time:
Daily closing update:
1) Bears can continue to hold, with a target price of 114444.
2) The TGIF area at 116666 is the entry point for new shorts, targeting 112K.
3) The 112K–108K range is not suitable for trading; the pullback of TGIF is likely to wait until mid-next week.
As mentioned before, MEME coins are falling harder, and GameFi is the same; you can short multiple times in line with the trend, and the current trend is clean and neat.
Please make sure to stop loss at the above key points; we are now close to 114444.
I have closed my positions and completed the exit operation. I will observe for now before I publish the next short.
Long position? No interest.
BTC has broken below the value area of this range for the first time; the next strategy is: wait for a rebound → seize the opportunity to short hard.
It should be like this: I do not want you to trade this fluctuating market.
I might arrange for you to operate this tomorrow (tonight Beijing time) if feasible.
We will wait for the next impulsive short opportunity to appear—likely until Monday.
From Friday to Monday, this period may be a fluctuating bullish trend; we may not participate.
I might arrange for you to get into this trade tomorrow, provided conditions allow.
Update at 19:01 on August 1, Beijing time:
Bears still have a bit of room to operate; once done, it should all end, and exit to observe. Bulls will not form unless there is a structural change at the 15-minute level (choch). So now we must patiently wait for entry signals.
Update at 20:32 Beijing time:
We can wait until the first 4-hour structure change to long; before that, I will not touch long positions. This period is likely to be a 'failed auction' market in the New York session's early trading, meaning it will sweep high and low, ultimately being accepted within the value range of the intraday.
We can only determine the operational direction for the day once the 4-hour closing price breaks above or below the initial balance. Before that, both long and short positions are unreliable. Any trading signals I publish may move very quickly, and not everyone can keep up in time.
Update at 21:30 Beijing time:
If we hit 116666 (TGIF) today, even if by chance, we will short again, targeting 112K. Ideally, this point should not be reached today; this is just discussing possibilities.
I expect 116666 to appear around next Wednesday, then 112K will be reached on August 8, and on August 9, it will fluctuate in the 112K-108888 range.
I will continue to update you.
22:03:
All short positions are canceled; please confirm you have received the message and exit the operation.
（Vivian believes that BTC will fluctuate over the weekend and rebound to 116666 next week, then drop to 108888-112000 on the 9th; the intermediate fluctuations can be ignored, prepare to buy the dip next week）
3. Top Trader Joshua
Telegram update at 14:26 on August 1, Beijing time:
August market conditions:
• The overall market may see adjustments in the coming weeks; if lucky, there may be liquidation fluctuations. It is recommended to clear spot positions bought at low prices; for those who want to continue holding, they can hedge with short positions and hold through a spread strategy, which seems to be a good plan.
• It is expected that the market in August will be very poor, requiring a "full recovery of health."
Basis:
• August is the vacation season for most people in traditional financial (tradfi) markets.
• In recent days, the US trading session triggered sell-offs.
• SEC's positive news regarding Project Crypto was quickly digested, and the trend has pulled back.
• The tokens PENGU as a risk appetite indicator and the S&P index (SPX) have had their high time frame structures destroyed.
• Regarding MSTR's earnings call, it revealed that they can no longer aggressively buy BTC like before.
Goodbye! Everyone, have a good rest in August :D
Twitter update:
Despite experiencing these (positive factors), we still pulled back.
I think we are entering a "painful August." In the coming weeks, I will not buy unless there is a clear pullback. But I am still extremely bullish on the fourth quarter.
（Joshua believes August is a fluctuating correction market; it can be taken easy, and he will buy again if there is a crash. He is optimistic about the fourth quarter.）
4. Top Trader Altcoin Sherpa
Update tonight at Beijing time:
Everything in the crypto market is essentially a function of liquidity. The starting and ending points of this liquidity are still Bitcoin ($BTC). BTC's rise = other markets may rise. When BTC's trend is unhealthy, it is extremely rare for the entire market to rise strongly.
Many people have mentioned that the CME gap has been filled. The current market is likely to see a rebound...
（Sherpa believes that if BTC declines, the entire market, especially altcoins, will not perform well. The CME gap filled by BTC may see a rebound.)
5. Top Trader Nachi
Update early this morning:
If you have made a lot of money, now is the time to take profits.
I feel that yesterday's hawkish Fed meeting (FOMC) was a turning point for the market, while the S&P and NASDAQ are forming bearish engulfing patterns at the daily level.
Don't let profits slip away again.
I completely agree with this view (referring to ENA as a top project worth holding long-term. The role of the DAT treasury company is to help the market recover ENA supply from those 'poor quality VCs' who are not optimistic about the project and only want to cash out, enhancing health.).
And @stablecoin_x is the best tool for driving Ethena's price discovery and exponential growth.
Those VCs who cashed out for quick profits will regret their decisions. The exponential growth of the stablecoin track and the metaverse has just begun.
I used to be a short- to medium-term trader, but I have now shifted to holding more faith-driven long positions.
ENA and Hype are projects I hold long-term in this cycle; they belong to different scales.
（Nachi believes the stock and crypto markets have turned bearish, it’s time to exit and secure profits. He is optimistic about ENA.）
6. Top Trader Pentoshi
Update this morning in Beijing time:
If you started shorting on the first day of August, but are we actually building a bottom at the beginning of the month?
What if—
We have experienced some monster-level upward trends in the past, with trends locked in, and not even a single pullback exceeding a few percentage points for weeks.
I am slowly compounding my position and have kept my base position established from 2480 completely untouched, and I do not plan to move it in the short term.
Those one-minute scalp opportunities should be left to others; I will continue to adhere to the main trend operations of higher time frames (HTF).
（Pentoshi believes the larger cycle is still bullish; he will continue to hold ETH's base position and trade with the trend.）
7. Wave Theory Liu Yudong
Daily chart on August 1, 2025
Observation point 115738 has been broken; then continue to adjust. Support level at 112145.
（Liu Yudong believes the support level is at 112145 and needs to adjust for a long time.）
5. Summary
Unfortunately, we got the direction wrong these past few days; we always thought BTC would go to 120K first before dropping but didn’t expect it to drop directly. I personally cut losses on my SOL long position when I saw it drop below 170 today, incurring a significant loss.
This time, Vivian, Liu Yudong, and Joshua all judged incorrectly at the same time; they accepted their losses.
BTC has broken below the fluctuation range in one day, reversing the trend; it may drop for another 9 days according to Vivian's script, reaching a low of 108888, and then push to 130K at the end of August or early September.
I am currently out of positions; I cannot trade short-term in a fluctuating market. Next time I will look for opportunities to trade long. But some group friends say it’s best to trade fluctuations; they can profit back and forth. If you want to trade, do it with altcoins; the rebound of altcoins is too weak.
Statement:
The above information is for reference only and is not trading advice; the crypto world is high-risk, and participation must be cautious.
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