Cryptocurrency Circle Liying: On July 24, the bullish sentiment for Bitcoin has completely vanished? A wave of bearish sentiment for Ethereum is sweeping in, putting your assets in jeopardy! Latest market analysis.

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1 day ago

In the cryptocurrency world, regardless of what coin you are dealing with or whether you are trading digital currencies, you cannot escape the fluctuations of the market. Watching those constantly rising and falling curves can be dazzling, and some investors even find it exhausting and stressful to keep an eye on the market. Therefore, having a digital asset manager is a common expectation among cryptocurrency investors. In light of this expectation, Liying has arrived, bringing with it the best scientific analysis techniques and the highest quality guidance to your side.

Liying in the Cryptocurrency World: Latest Bitcoin Market Analysis on 7.24

Article Published on 2025.7.24-------00:10

The current price of Bitcoin is 118,400. Liying assesses that Bitcoin is still in a consolidation pattern, operating close to the EMA30 and the middle line of the Bollinger Bands. Therefore, from a short-term perspective, Liying believes the market momentum is leaning towards weakness. The K-line shows a double top and a top divergence pattern, combined with the MACD indicator's signal of increasing bearish momentum, suggesting that the price may maintain a weak consolidation trend in the short term, with a high probability of retracing to support levels. Ultimately, Liying advises cautious investors to observe the market and wait for it to choose a direction. Consider entering the market only after the price clearly breaks below support levels or above resistance levels. Aggressive investors can engage in short-term operations within the current consolidation range, focusing on buying low and selling high. However, it is essential to control position sizes and risks, and to exit decisively if key support levels are breached. Liying's overall strategy: Given that momentum and trends are not yet clear, a defensive strategy is recommended. Pay attention to the subsequent development of the MACD death cross and the breakout of the Bollinger Bands' upper and lower bands, and increase positions only after the trend becomes clear.

Today's Liying Price Predictions

Long entry at 117,000, add long at 116,000, stop at 500 points, target 118,500.

Short entry at 120,000, add short at 121,000, stop at 500 points, target 117,500.

Ethereum Analysis

The current price of Ethereum is 3,620. Liying observes that the market is currently in a downward consolidation trend, with prices around 3,620, which is relatively low. At the same time, all indicators show that market momentum is bearish in the short term, with sellers dominating. Therefore, Liying believes that the market may continue to exhibit weak consolidation, and the price may attempt to test the Bollinger Bands' lower support at 3,600. If this support fails, further declines may occur; if the support holds, the price may rebound within the consolidation range. Ultimately, Liying advises: the current market sentiment is bearish, with no clear rebound signals, so caution is key. It is best to stay out of the market and wait for confirmation of the 3,600 support level before making decisions. If the support fails, consider lightly following the downward trend; if the support holds, observe for any rebound patterns before seeking low-entry opportunities. Additionally, if the previous high of 3,858 is tested, it can serve as a short-term resistance level for exiting.

Latest Price References

Long entry at 3,600, add at 3,550, stop at 30 points, target 3,750.

Short entry at 3,750, add at 3,800, stop at 30 points, target 3,650.

Good tea is not afraid of tasting, and technology is not afraid of scrutiny. The only thing that never lies in the world is time. A hundred empty words are not as good as one action; precise strategies are not as good as one execution. The most frightening thing in the market is not the absence of trends or opportunities, but confusion and lack of direction. If there is no wind blowing in any direction, it is all headwind. As long as you work hard, an iron pestle can be ground into a needle! In the new century, as long as you are willing to work hard, who says you cannot have both fish and bear's paw! In contract trading, you can buy both up and down; as long as you get the direction right, you can make money whether you are long or short! Don't fear the lack of opportunities; fear the moment an opportunity arises and you hesitate to act!

The above content is exclusively original by Liying; please indicate the source when reprinting! Article publication review may have delays, and market conditions change rapidly. The above suggestions are for reference only, and risks are borne by the reader. Liying cannot control the market but can help anticipate the risks we may encounter in our operations. Good risk control is essential to ensure our investments remain undefeated. If you are still confused in the cryptocurrency world, always making small profits and large losses, struggling to grasp buying and selling points, unable to read the direction, or manage your mindset, you can follow Liying in the cryptocurrency world. I will develop a personalized plan based on your actual situation and market trends to fundamentally solve your problems. I hope Liying's presence will be helpful to you on your investment journey!

The content of the article is time-sensitive and for reference only; risks are borne by the reader.

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