Chuangjin Community -- Analysis on July 23, 2025

The higher the price, the greater the risk; the tighter the control, the more likely it is to see shakeout actions at high positions, leading to a slowdown in the rise.
On the day: Bitcoin 120,500 pay attention to breaking through again to create a small divergence, Bitcoin is currently continuing to move within the range... Both long and short strategies are possible. Resistance levels: 3,810, 3,888, 121,600, 123,000 Support levels: 3,650, 3,580, 117,600, 115,100

Ethereum on that day: currently not going long or short on Ethereum, Bitcoin looks bearish, wait for Ethereum to show a pin bar divergence before entering.
Ethereum does not place orders at the current price. In the live room, if you want to go long, you can exit at 20 points. Wait for divergence to enter again at 3780, and short at 3765, with a stop loss at 3805 and take profit at 3640, 3600, 3530.

Big Pie of the Day: Aggressive short position at 119600 without averaging down, short positions at 120300 and 120800, stop loss at 121000, conservative at 118500, take profits at 117600, 116300, and 115100.

After the divergence of the rise is completed, there will be a pullback to the strong support at 118500 on the same day, with 3710 being the dividing point between long and short positions. There will continue to be fluctuations, and this point will be an observation area... The strong pressure for the day is at 3820, 121600.

117500, 116300, 115100 observation zone for long positions, need to wait, do not place orders, take 800, 1500, 2000 points combined with live broadcast and technology, control position management, for reference only.