Market analysis for BTC/ETH on 2025.7.29 at 9:47 AM

On that night, 3 billion CNY liquidated, and 134,034 people went bankrupt to zero! When you wake up, you'll realize the value of the contracts that the troubled brother let you transfer to BTC/ETH/SOL over the past two days. Many people experienced a one-day pump with altcoins only to fall back again, but yesterday's BTC/ETH strategy took three waves, with BTC's 117,500 and ETH's real-time 3,775 as well as the pending order of 3,751.5 all captured the pig's feet rice!
Last night's 3815 had a chance to replenish at 3751.5 in the early morning, and the average price of 3783.25 also provided multiple opportunities to break even! If you didn't break even last night, then you should do so this morning as well;
Always remember: take profit at each level to reduce risk and secure capital; if two or three levels are hit, either secure your capital or take a small profit and exit directly!
BTC attention
Support 112000/109500
Pressure temporarily set at 119200
At this moment, BTC has once again been suppressed at 119200, which has become an insurmountable barrier for the past half month. Moreover, each subsequent dip point is also decreasing. Although last Friday night’s surge brought back a bullish trend, after the consumption over the weekend and yesterday's continuous decline, it is now consolidating in the mid-range of 117500-118000 within the 119200 to 116400 range, facing a choice of direction. Be patient and wait for the main force to decide; do not chase the upward track, do not trade in a sideways market, and patiently wait for the market to provide opportunities!
ETH attention
Support 3425/3339
Pressure temporarily set at 3892
The current ETH has not broken through and stabilized, and has been suppressed again. If this short-term trend cannot be reversed, then following the trend, it may need to test the 3486 level, or even the 3425 level. Keep an eye on it along with BTC!
Operational advice: Continue to focus on BTC/ETH and temporarily add SOL/DOGE. Other altcoins can be monitored for key support levels below, but do not engage in contracts; if you do, only trade spot and make quick entries and exits. Take profits on any swing trades and aim to accumulate zero-cost profit chips without leaving your principal behind. Try to gather as many of these zero-cost chips as possible over the next few months!
#BTC# #ETH# #GT#