The essence of trading is survival, followed by profit. Therefore, before each operation, think carefully about whether your actions are reasonable and whether your capital is safe. You need to develop a trading mindset that belongs to you, continuously optimizing and improving it. Although the suggestions from the crypto circle academicians may not make you rich overnight, they can help you stay in the game. Only those who survive in the crypto space for the long term and persist until the end can achieve the results they desire. I hope you understand this.

I am a warrior in the crypto circle, always protecting the retail investors. I wish my followers financial freedom by 2025. Let's work hard together!

Crypto Circle Academician: Latest Bitcoin (BTC) Market Analysis on July 20, 2025

The current price of Bitcoin is 118,000. It is now 1:30 AM Beijing time. The sideways consolidation trend is already very obvious. It did not drop to 116,000 and pulled back at 117,000. The short-term level has entered a triangular convergence phase, which looks quite good. I won't elaborate too much on this. For those who like to trade short-term with a few thousand points, you can take a shot at it, but avoid trend trades. Everyone should try to only trade within their understanding of the market to be more stable.

Before the article was published, the daily K-line reached a high of 118,500 and a low of 117,600, with fluctuations not exceeding a thousand points. High-level consolidation can lead to rapid support at the bottom, especially since the EMA15 fast line trend has already reached around 116,000. Most major trend indicators have now broken the golden ratio line at 0.618, which means that if the main force wants to short in the future, they must face strong support at 105,000, which is the medium to long-term support level. The MACD shows a top divergence with increasing volume, and the DIF and DEA are contracting at high levels. The strategy is to wait for a pullback below the short-term support of 116,000 before considering entering the market. Before that, it is recommended to observe and wait for opportunities.

The four-hour K-line is in an ascending triangle, having completed the fourth wave. The fifth wave is expected to test the 120,000 round number. If it does not break below 121,000, you can hold. If it breaks, stop loss and exit. If it does not break, you can make a significant profit. The MACD's continuous contraction has brought the DIF and DEA close to the zero axis. If it cannot stand above 118,000 in the short term, it will likely enter a bearish phase. The Bollinger Bands are currently in extreme contraction, with the lower support at 117,200 and the upper resistance at 120,000. Aggressive traders can start testing positions southward above 118,500, while conservative traders should start southward around 120,000.

Short-term reference: The market is never 100%, so always set stop losses. Safety first; small losses and big profits are the goal.

For southward testing positions, if it breaks 119,500 to 120,000, defend at 120,500, with a stop loss of 500 points. The target is 118,500 to 117,500, and if it breaks, look at 117,000 to 116,500.

For northward reference points, if it breaks 116,000 to 115,500, defend at 115,000, with a stop loss of 500 points. The target is 118,500 to 119,500, and if it breaks, look at 120,000 to 121,000.

Specific operations should be based on real-time market data. For more information, you can consult the author. There may be delays in the publication of this article, so the suggestions are for reference only, and risks are borne by the reader.

This article is exclusively contributed by the Crypto Circle Academician and represents the unique views of the Academician. In-depth research has been conducted on BTC, ETH, DOGE, DOT, FIL, EOS, etc. Due to the timing of the article's release, the above views and suggestions may not be real-time and are for reference only. Risks are borne by the reader. Please indicate the source when reprinting. Manage your positions reasonably and avoid heavy or full positions. The Academician also hopes that all investors understand that the market is always right. If you are wrong, you should reflect on where the problem lies. Do not let the profits that should be yours slip away. There is no need to be smarter than the market. When a trend comes, respond to it; when there is no trend, observe and remain calm. It is not too late to act once the trend becomes clear. Tomorrow's success stems from today's choices. Hard work is rewarded by heaven, goodness by earth, sincerity by humanity, trust by commerce, excellence by industry, and heart by art. Gains and losses often occur unexpectedly. Develop the habit of strictly setting stop losses and take profits for each trade. The Crypto Circle Academician wishes you happy investing!

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