Market analysis of BTC/ETH on August 1, 2025.

On this night, 4 billion CNY was liquidated, and 133,781 people went to zero! The moment to test positions has arrived again; those who shorted are definitely particularly happy, while there are no shorts to take on longs, and then you wake up with a full position. The market directly teaches you a lesson; without position management, you must be panicking right now. What should you do in this situation?
First, check whether the overall position of your nose is profitable or at a loss. If it is overall profitable or only slightly losing, exit all large positions! Leave just one nose, and absolutely do not take several at once, otherwise you won't have the energy to cope with large market fluctuations!
This point has been mentioned countless times during live broadcasts, you only need to have one nose, there's no need to have several; if the funds are particularly large, you can have two!
Next, check the remaining nose and see how many times you have the opportunity to add positions. If adding positions 1-3 times won't affect the overall situation, then patiently wait for the right-side rebound to give you a chance to exit. If there is no opportunity on the right side, then you can add positions according to the lower points. Make profits where you can and cut losses where needed!
BTC Attention
Support 112000/109500/107500
Pressure 119200/116411
The decline from earlier continues throughout the day, and any rebound is an opportunity to escape. When approaching the cost, one can either run or watch the market closely and immediately exit to recover losses. In this kind of market, positions taken in the early morning should not be held onto stubbornly!
Because BTC has broken the level of 116411 again and cannot recover, what we will face is a pullback test of 4000+. Will the big non-farm payroll data tonight make a comeback? We must end our positions even if we get an opportunity during the day. Even if we look for opportunities to enter again tonight, it's fine. Do not let short-term speculation turn into medium-term and then long-term positions!
ETH Attention
Support 3425/3339
Pressure 3892
At this moment, there is a fierce battle between 3715-3725. Last night, those who didn't run at this level should seize the opportunity to reduce their positions or run away!
In terms of operations: This morning once again proved the importance of position control. If the position is unreasonable, you could wake up to find it completely gone. Now, after waking up, I just entered a first position or made an additional purchase once. Seeing such a significant drop is quite alarming, but upon checking the position, it's only this much, and I definitely feel much calmer!
Currently, the 12345 strategy can be used again during the downtrend. BTC has initially begun its second wave, so keep an eye on the market for any opportunities to take action!
#BTC# #ETH# #GT#