Market Analysis for the Evening of July 25:
When the big pie was above 120000, Lu Shi kept reminding to firmly short, increase short positions, and now it has moved nearly 600 points. Are you still stubbornly chasing longs?
Currently, the MA144 and MA169 moving averages are forming a resistance above, and the price of Bitcoin continues to be pressured below the moving averages. The MACD indicator is declining across the board, with green bars expanding, indicating a dominant bearish momentum. In the short term, attention should be paid to the support level at 114667; if this level is lost, the
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