Golden Finance reports that market news: It is reported that the Bank of Japan may maintain the benchmark interest rate unchanged next week; The Bank of Japan believes that elections have little impact on its stance on interest rates. (Golden Ten)
Click on the link to join the meeting directly: https://meeting.tencent.com/p/7890471408 1、 Bitcoin (BTC) intraday trend 1. Technical aspects and price range The current fluctuation range is between $116000 and $120000, with a quote of approximately $117725 on July 22nd (a slight increase of 0.3% in 24 hours). [Key Signal] The continuous contraction of the Bollinger Bands indicates that a change is approaching. If it breaks through $120000, it may trigger short squeeze and open up upward space; If it falls below $115000 (gap filling level) or $112000 (trend line support), there may be further pullback. On chain data: Whale addresses have increased their holdings (with an increase in the number of addresses holding>1000 BTC), but the MVRV ratio has reached 147.63%, indicating caution against short-term profit selling pressure. 2. Operation strategy Short term: Sell high and buy low in the range of $11600-$120000, and stop loss below $115000. - Empty opportunity: Close to $119000- $119200 light position test empty, target $117000. - Multiple order opportunities: retrace $116000- $116500 and stabilize before placing multiple orders, with a target of $118000. Long term: If the pullback reaches $112000- $115000, positions can be opened in batches. ____________________________________ 2、 Ethereum (ETH) intraday trend 1. Technical aspects and financial dynamics Price performance: A slight decrease of 0.92% in 24 hours, currently trading above $3700, short-term support level of $3680 (strong support), resistance level of $3850-$3900. Positive financial situation: Ethereum ETF saw a daily inflow of $499 million, reaching a cumulative total of $2.27 billion in July. Institutional holdings increased to 4%, providing long-term support for the price. Risk Warning: The short-term floating profit ratio has reached 95%, indicating a demand for overbought correction. If it falls below $3700, it may drop to $3400. 2. Operation strategy short-term: - Short position opportunity: $3830- $3850. Enter the short position when under pressure and falling back, with a target of $3740. Multiple opportunities: retrace to $3600- $3700, take a light long position, stop loss $3650, target $3850. Long term: The ideal range for building a position is between $3200 and $3400. ____________________________________ 3、 Market influencing factors Macro policy: The probability of the Federal Reserve cutting interest rates in September has risen to 57.2%, and if the Beige Book releases a dovish signal tonight, it may benefit risk assets. Fund rotation: Bitcoin's dominance rate has dropped to 60%, and funds are flowing into altcoins (such as SOL, which rose 8.53% in a single day), but ETH ETF funds are flowing strongly to hedge some volatility risks. Regulatory Update: Trump signs the Genius Act to clarify the regulatory framework for stablecoins, boosting market sentiment in the short term. ____________________________________ 4、 Comprehensive operational suggestions and risk control Key support/resistance of the variety, intraday strategic stop loss level BTC supports $116000; Sell high and buy low within the resistance range of $120000, breaking through the trend of $115000 (long order). ETH supports $3680; Resistance $3850 retracement support to go long, pressure level test short $3650 (long). Position management: Sensitive period positions should be controlled within 5%, with single stop loss ≤ 2% of principal. Opportunities for altcoins: SOL, ORDI, LPT, etc. benefit from capital rotation and can operate in light positions during trading periods. ____________________________________ 5、 Summary Bitcoin continues to fluctuate and accumulate momentum, while Ethereum benefits from institutional funds but needs to be cautious of short-term overbought. During the day, interval trading is the main focus, with a particular emphasis on: BTC：$120, If there is a breakthrough in the situation, we can follow up with more opportunities; ETH：$3, 680 supports effectiveness, but we will wait and see if we break through. Closely monitor the evening Federal Reserve's brown book and tomorrow's initial request data, event driven or triggering changes In this rebound led by Bitcoin, we have witnessed the power of technical analysis and the infinite possibilities of the market. Let's remain calm and continue to follow, because the story of Bitcoin continues. Welcome to the live broadcast room for communication, and at the same time, share practical knowledge and secret tactics! What will the market do next? Professor Pang Tong, who has ten years of theoretical and practical trading experience in the cryptocurrency industry, will provide a detailed breakdown for everyone. Welcome to the live broadcast room to check in! Join the Three Kingdoms College Exchange Group to receive more services: 1. Real time troubleshooting (online one-on-one question answering and sorting) 2. Professional technical analysis and theoretical learning 3. Construction and improvement of trading system 4. Live streaming courses every day, contract termination, real-time order making, to help you successfully land! Official QQ group: 579358784 Tencent Meeting ID: 789-047-1408 The live broadcast room will be broken down in detail. Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent the position or viewpoint of AiCoin and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AiCoin, and the consequences shall be borne by oneself.
Chain detective ZachXBT posted that Crypto Beast manipulated the market and deceived fans by falsely claiming that it had nothing to do with ALT's market value plummeting from $190 million to $3 million. According to the investigation, on July 14th, 45 related internal wallets sold ALT worth over $11 million in one day, causing the coin price to plummet from $0.19 to $0.003. The related promotion and wallet information have been deleted, and the flow of funds on the chain has also been traced to multiple exchanges.
Odaily Daily News: Citadel Securities has sent a letter to the SEC's crypto task force, warning that advancing tokenized securities without a clear regulatory framework may disrupt the market, mislead investors, and weaken traditional stock market liquidity. The company calls for promoting financial innovation through formal legislative procedures and opposes regulatory arbitrage behavior. （CoinDesk）
According to Golden Finance, Skycorp Solar Group Ltd., a Nasdaq listed company engaged in the manufacturing and sales of solar cables and solar connectors, announced that it will support digital asset payments, including Bitcoin (BTC), Ethereum (ETH), as well as major stablecoins such as USDC and USDT. In addition, as part of its long-term digital asset fund management plan, the company also plans to strategically purchase ETH from a portion of its cash reserves and investment returns on renewable energy projects.
On July 22nd, according to @ btcNLNico monitoring, Japanese textile materials company Kitabo Co announced plans to purchase 800 million yen (approximately 5.4 million US dollars) worth of Bitcoin as part of its new financial strategy.
