Can BTC reach new highs as it consolidates in the 118–120K zone?

Release Time: 10:00 AM, July 25, 2025
Issued by: Mr. Tony

MARKET OVERVIEW

1. Stock Market:

  • Vietnam Market: The market continues to fluctuate strongly around the 1,520-point level but has shown signs of recovery, indicating that capital inflow remains supportive despite short-term profit-taking pressure. With the recent uptrend and positive sentiment, the market has the potential to extend its gains toward the 1,536-point target zone — the previous peak of 2022.

  • U.S. Market:
    The S&P 500 rose slightly by +0.1% to 6,363.65 points, and the Nasdaq Composite gained +0.2% to 21,057.96 points — both setting new record closing highs. In contrast, the Dow Jones fell -0.7% to 44,693.91 points due to pressure from major blue-chip stocks like IBM and UnitedHealth. The market reacted positively to progress in U.S.–EU trade negotiations and a U.S.–Japan auto tariff reduction deal, helping boost investor optimism.

2. Forex:

  • EUR/USD: Downtrend. Consider short positions. Resistance of the day: 1.17750

  • USD/JPY: Uptrend. Consider long positions. Support of the day: 147.000

3. Gold:
Gold is fluctuating in a narrow range between $3,366 – $3,370 per ounce, with mild volatility of ±0.3%, reflecting market stability. USD strength and bond yields remain key influences.

4. Oil:

  • XTI/USD: Uptrend. Long positions may be considered today, but avoid holding positions over the weekend. Support of the day: 66.50

5. Crypto:
BTC is trading around $117,400 – $117,900, down slightly by 1–1.5% on the day — indicating technical profit-taking pressure. However, it still holds near the 118k level, maintaining a medium-term uptrend, with institutional flows not yet showing signs of withdrawal.

TRADING PLAN RECOMMENDATIONS

1. USD/JPY

  • Trend: Bullish

  • Recommendation: Buy at 147.3

  • Stop Loss: 146

  • Take Profit: 149 – 150

2. Vietnam Stocks – GEG

  • Recommendation: BUY GEG (25/07/2025)

  • Entry Price: 16,900 – 17,300 VND

  • Target 1: 18,500 VND

  • Target 2: 20,000 VND

  • Stop Loss: 16,400 VND

KEY EVENTS TODAY

6:01 AM – GBP

  • GfK Consumer Confidence

    • Actual: -19 | Forecast: -19 | Previous: -18

6:30 AM – JPY

  • Tokyo Core CPI y/y

    • Actual: 2.9% | Forecast: 3.0% | Previous: 3.1%

6:50 AM – JPY

  • SPPI y/y

    • Actual: 3.2% | Forecast: 3.2% | Previous: 3.4%

1:00 PM – GBP

  • Retail Sales m/m

    • Actual: 1.2% | Previous: -2.7%

3:00 PM – EUR

  • German Ifo Business Climate

    • Actual: 89.1 | Forecast: 88.4

  • M3 Money Supply y/y

    • Actual: 3.7% | Forecast: 3.9%

  • Private Loans y/y

    • Actual: 1.9% | Forecast: 2.0%

7:30 PM – USD

  • Core Durable Goods Orders m/m

    • Actual: 0.1% | Forecast: 0.5%

  • Durable Goods Orders m/m

    • Actual: -10.4% | Previous: 16.4%

8:00 PM – EUR

  • Belgian NBB Business Climate

    • Actual: -9.8 | Forecast: -10.1

DISCLAIMER

 

  • The above analysis represents the personal opinion of analyst Tony from Lotus. It is not a basis for actual trading decisions.

  • Lotus only provides technical analysis and trading education for students.

  • Lotus does not represent any securities company or asset management firm.

  • Lotus does not manage funds for students.