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BTC:
July 21, 2025, Monday!
It's already the end of the month!
Monthly K is moving up, weekly K continues to move up!
Last week's weekly K-line closed around 118600, forming a doji, which indicates a pause in the upward trend, but it does not mean that this rally has come to an end. Instead, it still needs to strive upward, even if it is a struggle in an upward direction!
Since last Monday, BTC has surged and then retraced, followed by a week of sideways adjustment!
Last week's sideways fluctuation (around 115500 to 121000) has continued into this week, and as of today, it is still in this fluctuation and adjustment!
So today, intraday short-term trading is consolidating within a volatile range, and at this moment, it is oscillating from the low point of the pattern to the high! This is precisely the holding period for a low-long market!
(Refer to the 4-hour chart)
Based on this week's market trends, it is highly likely that there will continue to be fluctuations and adjustments. Key levels to reference above are around 121000 and 125000!
If it ultimately forms a high pullback, please pay attention to the upper track of the daily K price channel near 125000! The time is approximately around this week on Monday/Tuesday (the latter half of Wednesday or the first half of Thursday).
If BTC consolidates and adjusts here, then other altcoins will have a greater opportunity to operate in wave markets!
Dear traders, we don't have much time left! Please take advantage of the favorable market conditions and work hard to make profits!
Considering the news hotspots and market expectations, the Federal Reserve may keep interest rates unchanged this month!
The market's hotspots in various sectors are clear. Please pay attention to Liang Ge, who will continue to share!