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 your own trading strategy and continuously optimize it. The advice of a crypto scholar may not make you rich overnight, but it can help you survive in the crypto market in the long term. Only those who persist until the end can achieve the desired results. I hope you understand.
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Crypto Scholar: August 3, 2025 Latest BTC Market Analysis
BTC current price is 113,300. It is 2 AM Beijing time. BTC has been consolidating around the 0.786 golden ratio support line at 112,850 all day, not far from the EMA60 trend support at 111,700. From the overall market trend, the bearish trend will continue today. MACD continues to shrink volume and accumulate, with DIF and DEA spreading downward near the 0 axis. The Bollinger Bands are expanding, with the K-line currently consolidating low near the lower Bollinger Band at 114,100
After breaking through the trend indicator on the 4-hour K-line, the EMA has turned from yesterday's double death cross to a current three-line downward cross. MACD has formed a bottom divergence with reduced volume, DIF and DEA spreading downward. Currently, short positions dominate. After the Bollinger Bands opened downward, the upper band dropped to 119,600, the lower band reached 111,700, with focus on the middle band at 115,600. Investors who haven't entered are advised to continue observing and wait for a pullback, temporarily cautious about going long
Short-term strategy reference: Since market conditions are never 100% certain, always use stop-loss with safety first. The goal is to minimize losses and maximize gains. Especially when key resistance and support levels are broken, stop-loss should be implemented instead of holding
Northward entry point 111,500 to 111,000, defend 110,500, stop-loss 500 points, target 112,500 to 113,500, break position look at 114,500 to 115,500
Southward entry point 115,500 to 116,000, defend 116,500, stop-loss 500 points, target 114,000 to 113,500, break position look at 113,000 to 112,500
Specific operations based on real-time market data. For more information, consult the author. Article publication may be delayed, suggestions are for reference only, risk is self-assumed
This article is exclusively provided by the crypto scholar, representing only their personal view. Having in-depth research on BTC, ETH, DOGE, DOT, FIL, EOS, etc. Due to article push time, the above views and suggestions lack real-time nature, for reference only, risk is self-assumed. Reprinting requires source attribution. Reasonably control position, avoid heavy or full position operations. The scholar hopes investors understand that the market is always right. If you're wrong, reflect on your own issues and don't let potential profits slip away. There's no need to be smarter than the market. When a trend appears, follow it; when no trend exists, 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, art rewards passion. Gains and losses happen unexpectedly. Develop a habit of strict stop-loss and take-profit. The crypto scholar wishes you a pleasant investment experience!
