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Academician of the crypto: Bitcoin entered a full-scale "short trend" on August 2nd, and a pullback is an opportunity! The latest market analysis and reference suggestions are attached to the long position solution ideas.

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The fundamental of trading is survival, followed by profit. Therefore, before each operation, think carefully about whether your action is reasonable and whether the principal is safe. Develop a trading strategy that belongs to you and continuously optimize it. The advice from crypto scholars may not make you rich overnight, but it can ensure your long-term survival in the crypto market. Only those who persist until the end can achieve the results they want. I hope you understand.

I am a crypto scholar, a warrior who has been protecting investors. I wish my fans financial freedom by 2025, let's work hard together!

Crypto Scholar: Latest BTC Market Analysis on August 2, 2025

BTC is currently priced at 113,500. It is 3:30 AM Beijing time. Crypto friends who missed the southbound train can only wait for the next opportunity. We caught this train, and although we sold some at 115,000 to lock in profits, whatever further drop occurs is just a bonus. The main force gave multiple opportunities to go southbound near 120,000, and if you missed it, you can only blame yourself.

  

As of the time of publication, the daily high was 116,000 and the low was 113,600. EMA30 failed to hold at 115,300. Next, focus on the golden ratio support line of 0.786 at 112,850 and EMA60 trend support at 111,500. MACD continues to shrink volume and accumulate bearish momentum. DIF and DEA are spreading downward from the high position near the 0 axis. The Bollinger Bands are opening downward, with the middle rail at 118,000 and the lower rail at 115,200 already breached. The K-line continues to explore downward, and the overall trend has entered a bearish phase. Crypto friends who haven't entered the market should not be anxious and can continue to short after a pullback.

  

The 4-hour K-line has entered a bearish phase. The EMA trend is alternately spreading downward, forming a death cross trend. The EMA15 trend fast line has reached 116,000. If the pullback does not break the fast line pressure point, you can continue to short. MACD continues to shrink volume downward, and DIF and DEA will fall below the energy indicator after entering the 0 axis. The Bollinger Band lower rail support is at 114,200, with the middle rail at 116,950. The strategy is primarily bearish. Crypto friends who haven't entered the market can short after a pullback.

Short-term strategy reference: Since the market is not 100% predictable, always use stop-loss and prioritize safety. The goal is to minimize losses and maximize gains. Especially when key support and resistance levels are broken, you must stop loss and not hold the position.

Northbound entry point: 111,500 to 111,000, defend at 110,500, stop loss at 500 points, target 112,500 to 113,500, if broken, look at 114,500 to 115,500

Southbound entry point: 115,500 to 116,000, defend at 116,500, stop loss at 500 points, target 114,000 to 113,500, if broken, look at 113,000 to 112,500

Specific operations are based on real-time market data. For more information, consult the author. The article may have a delay, and suggestions are for reference only with risks borne by the individual.

This article is exclusively provided by the crypto scholar and represents only their personal view. They have in-depth research on BTC, ETH, Doge, DOT, FIL, EOS, etc. Due to the timing of article publication, the above views and suggestions lack real-time accuracy and are for reference only. Risks are to be borne by the individual. Please cite the source when reprinting. Manage positions reasonably and avoid heavy or full position operations. The scholar hopes investors understand that the market is always right. If you are wrong, reflect on your own issues and don't let potential profits slip away. In investing, there's no need to be smarter than the market. When a trend comes, respond and follow; when there's no trend, observe and stay calm. Wait until the trend becomes clear before acting. Tomorrow's success comes from today's choices. Heaven rewards diligence, earth rewards kindness, humanity rewards integrity, business rewards trust, profession rewards excellence, and art rewards passion. Gains and losses happen unexpectedly. Develop the habit of strictly using stop-loss and take-profit. The crypto scholar wishes you a pleasant investment experience!

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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