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Grasp the trends in the crypto world and master the entry points for trading.
Hello everyone, I am Kangxi from the crypto world.
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Thursday, July 31, 2025, "Live Broadcast at 8 PM on Time" Evening Trading Strategy for Bitcoin and Ethereum:
In the evening, first pay attention to the resistance level near 118800 points. As long as it can effectively break through the resistance level of 118800 points upwards and maintain operation above 118800 points, it will continue to rebound upwards. The upper resistance levels to watch are around 120000 points to 121000 points. If it can effectively break through the resistance level of 121000 points upwards in the evening and maintain operation above 120000 points, it will continue to move upwards. The upper resistance level to pay attention to is around the previous high of 123300 points.
Conversely, as long as Bitcoin can effectively maintain its position below the resistance level of 118800 points in the evening, it will show a downward pullback trend. Firstly, pay attention to the support levels of 116000 points and near 115700. As long as it can effectively stay above the support level of 115700 points, there will be a rebound trend upward. If it breaks below, watch for the support level near 114700 points, and then focus on the daily support levels of 112000 points and 110500 points, as well as the weekly support level near 109600 points.
"Evening Trading Advice for Bitcoin: Short near the resistance level of 118800 points, with a stop loss above 119000 points"
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In the evening, Ethereum will first focus on the support levels around 3830 and 3810 points. As long as it can effectively maintain above the support level of 3810 points, it will continue to rebound upwards. The first resistance level to watch above is around 3890 points; after breaking through, pay attention to the resistance levels at 3941, 4000, and 4100 points. In the later period, as long as it can effectively break through the resistance level of 4100 points (the reversal point for bulls and bears) and maintain above 4100 points, it will continue to rise. The resistance levels to focus on above are around 4370 and 4870 points.
Conversely, as long as it can effectively break below 3830 points in the evening and maintain below 3830 points, it will show a downward pullback trend. First, pay attention to the support levels around 3730 points and 3715 points. If broken, focus on the important support levels around 3610 points and 3500 points. If it can effectively maintain above the support levels of 3610 points and 3500 points, there will continue to be an upward rebound trend. If broken, pay attention to the support levels around 3430 points and 3360 points, and then focus on the daily support level around 3100 points.
Ethereum Evening Operation Suggestion: Try to go long near the support levels of 3830 and 3810, with a stop-loss below 3800. If it breaks below 3800, short below 3800.
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The market has risks, and investments should be made with caution. The trading strategy is for reference only, and profits and losses are to be borne by the individual.